40 U.S.C. §§ 276a276a-5. 62 Stat. 740. 48 Stat. 948.
Payment of prevailing wages.
Reports by contractor.
Duties of Secretary of Lal)or.
A v a i l a b i l i t y of funds derived from rental.s, etc.
Prescribing of rentals, occupancy, etc.
Transfer of f u n c tions, powers, etc., by President.
PUBLIC LAW 139—SEPT. 1, 1951
excess of eight hours per day shall be permitted upon compensation for all hours worked in excess of eight hours per day at not less than one and one-half times the basic rate of pay. (b) The provisions of the Davis-Bacon Act (49 Stat. 1011), as amended; of title 18, United States Code, section 874; and of title 40, United States Code, section 276c, shall apply in accordance with their terms to work pursuant to this title. (c) Any contract for loan or grant, or both, pursuant to this title shall contain a provision requiring that not less than the wages prevailing in the locality, as predetermined by the Secretary of Labor pursuant to the Davis-Bacon Act, as amended, shall be paid to all laborers and mechanics employed in the construction of the project at the site thereof; and the Administrator shall require certification as to compliance with the provisions of this subsection prior to m^^king any payment under such contract. (d) Any contractor engaged in the development of any project financed in whole or in part with funds made available pursuant to this title shall report monthly to the Secretary of Labor, and shall cause all subcontractors to report in like manner, within five days after the close of each month and on forms to be furnished by the United States Department of Labor, as to the number of persons on their respective payrolls on the particular project, the aggregate amount of such payrolls, the total man-hours worked, and itemized expenditures for materials. Any such contractor shall furnish to the Department of Labor the names and addresses of all subcontractors on the work at the earliest date practicable. (e) The Secretary of Labor shall prescribe appropriate standards, regulations, and procedures, which shall be observed by the Administrator in carrying out the provisions of this title (and cause to be made by the Department of Labor such investigations) with respect to compliance with and enforcement of the labor standards provisions of this section, as he deems desirable. SEC. 311. Moneys derived from rentals, operation, or disposition of property acquired or constructed under the provisions of this title shall be available for expenses of operation, maintenance, improvement, and disposition of any such property, including the establishment of necessary reserves therefor and administrative expenses in connection therewith: Provided, That such moneys derived from rentals, operation, or disposition may be deposited in a common fund account or accounts in the Treasury: And provided further, That the moneys in such common fund account or accounts shall not exceed $5,000,000 at any time, and all moneys in excess of such amount shall be covered into miscellaneous receipts. SEC. 312. The Administrator shall fix fair rentals based on the value thereof as determined by him which shall be charged for housing accommodations operated under this title and may prescribe the class or classes of persons who may occupy such accommodations, preferences, or priorities in the rental thereof, and the terms, conditions, and period of such occupancy. SEC. 313. There are hereby authorized to be appropriated— (a) such sums, not exceeding $60,000,000, as may be necessary for carrying out the provisions and purposes of this title relating to communit}^ facilities and services in critical defense housing areas; and (b) such sums, not exceeding $50,000,000, as may be necessary for carrying out the provisions and purposes of this title relating to housing in critical defense housing areas. SEC. 314. Subject to all of the limitations and restrictions of this Act, including, specifically, the requirements of subsection (c) of section