SUMMARIES OF NAVY CONTRACTS FOR THE CONSTRUCTION OF NAVAL VESSELS ON THE BASIS OF FIXED PRICE ADJUSTED FOR LABOR AND MATERIAL

January 27, 1941.

The Navy Department has entered into the following contracts for the construction of naval vessels:

(1) Contract NOd-1430. with the Federal Shipbuilding and Dry Dock Company, dated July 1,1940, for the construction of two (2) destroyers at Kearny, New Jersey, at a contract price of $10,544.000.00.

(2) Contract NOd-1431, with the Bethlehem Steel Company, dated July 1, 1940, for the construction of two (2) destroyers at San Francisco, California, at a contract price of $11,954,000.00.

(3) Contract NOd-1433. with the Federal Shipbuilding and Dry Dock Company, dated July 1, 1940, for the construction of six (6) destroyers at Kearny, New Jersey, at a contract price of $42,958,200.00.

(4) Contract NOd-1434, with the Bath Iron Works Corporation, dated July 1, 1940, for the construction of six (6) destroyers at Bath, Maine, at a contract price of $40,879.200.00.

(5) Contract NOd-1435. with the Bethlehem Steel Company, dated July 1,1940, for the construction of two destroyers at Staten Island, New York, N. Y, at a contract price of $14,862.000.00

(6) Contract NOd-1436, with the Electric Boat Company, dated July 1, 1940, for the construction of thirteen (13) submarines at Groton, Connecticut, at a contract price of $36,335,000.00.

(7) Contract NOd-1437, with the New York Shipbuilding Corporation, dated July 1, 1940, for the construction of three (3) light cruisers at Camden. New Jersey, at a contract price of $55,973,400.00.

(8) Contract NOd-1438, with the Newport News Shipbuilding and Dry Dock Company, dated July 3, 1940, for the construction of two (2) light cruisers at Newport News, Virginia, at a contract price Of $38,545,000.00.

(9) Contract NOd-1439, with the Bethlehem Steel Company, dated July 1, 1940, for, the construction of four (4) light cruisers at Quincy, Massachusetts, at a contract price of $74,292,000.00.

(10) Contract NOd-1440; with the Bethlehem Steel Company, dated July 1, 1940, for the construction of four (4) heavy cruisers at Quincy, Massachusetts, at a contract price of $94,472,000.00.

(11) Contract NOd-1441, with the New York Shipbuilding Corporation, dated July 1, 1940, for the construction of a large seaplane tender at Camden, New Jersey, at a contract price of $14,260,-500.00.

(12) Contract NOd-1442, with the Newport News Shipbuilding and Dry Dock Company, dated July 3, 1940, for the construction of three (3) aircraft carriers at a contract price of $130,986,000.00.

(13) Contract NOd-1490, with the Newport News Shipbuilding and Dry Dock Company, dated September 9, 1940, for the construction of one (1) aircraft carrier at Newport News, Virginia, at a contract price of $42,725,000.00.

(14) Contract NOd-1491, with the Bethlehem Steel Company, dated September 9, 1940, for the construction of four (4) aircraft carriers at Quincy, Massachusetts, at a contract price of $191,200,000.00.

(15) Contract NOd-1492, with the New York Shipbuilding Corporation, dated September 9, 1940, for the construction of six (6) large cruisers at Camden, New Jersey, at a contract price which will be the subject of negotiation between the Navy Department and the contractor when sufficient information becomes available on which to make a satisfactory estimate of cost. The amount of the contract shall be subject to adjustment as hereinafter indicated.

(16) Contract NOd-1493, with the Bethlehem Steel Company, dated September 9, 1940, for the construction of four (4) heavy cruisers at Quincy, Massachusetts, at a contract price of $94,472,000.00.

(17) Contract NOd-1494, with the New York Shipbuilding Corporation, dated-September 9, 1940, for the construction of four (4) light cruisers at Camden, New Jersey, at a contract price of $74, 631,200.00. A change in the contract has been authorized, adding two (2) light cruisers, and, thereby, increasing the contract price to $111,946,800.00.

(18) Contract NOd-1495, with the Newport News Shipbuilding and Dry Dock Company, dated September 9, 1940, for the construction of two (2) light cruisers at Newport News, Virginia, at a contract price of $38,545,000,00.

(19) Contract NOd-1496, with the Bethlehem Steel Company, dated September 9, 1940, for the construction of two (2) light cruisers at Quincy, Massachusetts, at a contract price of $37,146, 000.00.

(20) Contract NOd-1497, with the Federal Shipbuilding and Dry Dock Company, dated September 9, 1940, for the construction of five (5) light cruisers at Kearny, New Jersey, at a contract price of $96,000,000.00 A change in the contract has been authorized, canceling two (2) light cruisers, and, thereby, decreasing the contract price to $58,620,000.00.

(21) Contract NOd-1499, with the Bethlehem Steel Company, dated September 9, 1940, for the construction of four (4) light cruisers at San Francisco, California, at a contract price of $58,-780,000.00.

(22) Contract NOd-1500, with the Federal Shipbuilding and Dry Dock Company, dated September 9, 1940, for the construction of eight (8) destroyers at Kearny, New Jersey, at a contract price Of $43,032,000.00.

(23) Contract NOd-1501, with the Bethlehem Steel Company, dated September 9, 1940, for the construction of two (2) destroyers at Staten Island, New York, N. Y., at a contract price of $11,-954,000.00.

(24) Contract NOd-1503, with the Federal Shipbuilding and Dry Dock Company, dated September 9, 1940, for the construction of five (5) destroyers at Kearny, New Jersey, at a contract price of $36,800,000.00.

(25) Contract NOd-1506,- with the Bath Iron Works Corporation, dated September 9, 1940, for the construction of eleven (11) destroyers at Bath, Maine, at a contract price of $74,943,000.00. A change in the contract has been authorized, adding six (6) destroyers and, thereby, increasing the contract price to $115,821,000.00.

(26) Contract NOd-1507, with the Bethlehem Steel Company, dated September' 9, 1940, for the construction of eight (8) destroyers at Staten Island, New York, N. Y., at a contract price of $59,448,000.00. A change in the contract has been authorized, canceling three (3) destroyers and, thereby, decreasing the contract price to $37,155,000.00.

(27) Contract NOd-1508, with the Bethlehem Steel Company, dated September 9, 1940, for the construction of eighteen (18) destroyers at San Francisco, California, at a contract price of $136,512,000.00. A change in the contract has been authorized, canceling two (2) destroyers and, thereby decreasing the contract price to $121,344,000.00.

(28) Contract NOd-1509, with the Bethlehem Steel Company, dated September 9, 1940, for the construction of six (6) destroyers at San Pedro Yard, Los Angeles, California, at a contract price of $45,504,000.00. A change in the contract has been authorized, canceling two (2) destroyers and, thereby decreasing the contract price to $30,336,000.00.

(29) Contract NOd-1513, with the Electric Boat Company, dated September 9, 1940, for the construction of twenty-five (25) submarines at Grotbn, Connecticut, at a contract price of $69,125,000.00.

(30) Contract NOd-1532, with the Newport News Shipbuilding and Dry Dock Company, dated September 9, 1940, for the construction of three (3) aircraft carriers at Newport News, Virginia, at a contract price of $138,375,000.00.

(31) Contract NOd-1576. with the Defoe Boat and Motor Works dated November 5, 1940, for the construction of four (4) mine sweepers at Bay City, Michigan, at a contract price of $6,310,000.00.

Each of the above-mentioned contracts contains provisions for the suspension, termination or cancellation of the contract in order to safeguard the Government's interests should the public exigency require such action. An equitable basis for settlement of the contract is provided in the case of each of these contingencies. In the event of termination due to fault of the contractor, the Government may complete the vessels for the account of the contractor.

The contract prices provided for in the above-mentioned contracts are subject to adjustment in accordance with changes in indices of wages and materials prices, and are subject to adjustment for changes in the plans and specifications which may be ordered by the Navy Department during the course of construction.

S. M. Robinson, Chief of Bureau,

[F R. Doc. 41-761; Filed, February 1, 1941; 9:46 a. m.]