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in the "fee" not only profit and overhead, but much job management personnel, all small tools and all equipment, leaving virtually only "on job" expenditures and sub-contracts (which must be bid on firm basis) as costs. The only exception on non-firm sub-contract being the underpinning which by law was permitted to be cost plus a fixed fee. These bids were received, publicly opened and read - - - the low bidder being John McShain Company of Philadelphia with a low fee bid of $100,000. s AND to SERVICE'^ Bids were reviewed by the Commission and the Commissioner of Public Buildings, acting as contracting officer for the Commission, was authorized to enter into a contract with McShain Company for the construction work. The McShain Company has started on the work as the public now knows, the signs have been up and the signs are down and the "moles" have started down with the first construction to get footing and frame for shoring the most bothersome roof truss and five underpinning pits are going down. One of the problems which is of major consequence in the re- habilitation work is the disposal of materials from the building as it is rebuilt. This problem was recognized by the President and by Congress as it put. the responsibility on the Commission of disposing of the materials without "commercial explcitation." A great many proposals have been made as to the disposition, but all of them in- volve very complicated procedures. Much consideration has been given to all of these proposals, but the Commission has not as yet arrived - 14 -

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    "ocrText": "in the \"fee\" not only profit and overhead, but much job management\npersonnel, all small tools and all equipment, leaving virtually only\n\"on job\" expenditures and sub-contracts (which must be bid on firm\nbasis) as costs. The only exception on non-firm sub-contract being\nthe underpinning which by law was permitted to be cost plus a fixed\nfee.\nThese bids were received, publicly opened and read - - -\nthe\nlow bidder being John McShain Company of Philadelphia with a low\nfee bid of $100,000.\ns AND\nto\nSERVICE'^\nBids were reviewed by the Commission and the Commissioner of\nPublic Buildings, acting as contracting officer for the Commission,\nwas authorized to enter into a contract with McShain Company for the\nconstruction work.\nThe McShain Company has started on the work as the public now\nknows, the signs have been up and the signs are down and the \"moles\"\nhave started down with the first construction to get footing and frame\nfor shoring the most bothersome roof truss and five underpinning pits\nare going down.\nOne of the problems which is of major consequence in the re-\nhabilitation work is the disposal of materials from the building as\nit is rebuilt. This problem was recognized by the President and\nby Congress as it put. the responsibility on the Commission of disposing\nof the materials without \"commercial explcitation.\" A great many\nproposals have been made as to the disposition, but all of them in-\nvolve very complicated procedures. Much consideration has been given\nto all of these proposals, but the Commission has not as yet arrived\n- 14 -"
}