Section 4
SEC. 4. The Government Service Insurance System, either directly or through a partially-or wholly-owned subsidiary corporation, existing or to be formed, is hereby authorized and empowered to negotiate and contract for the partial or full demolition of the present building, the removal or disposal of the same, and the construction of the new building or the renovation of any remaining portion of the old; for the procurement of any and all materials, supplies, equipment or machineries, for the construction and/or improvement of the Manila Hotel; and to contract for architects, engineers, or firms or persons necessary to achieve the objectives of this decree.