162 



14 



1 (ii) which does not grant such concessioner 



2 any interest in any structure, fixture, or im- 



3 provement pursuant to section 12; and 



4 (B) where the Secretary determines that the 



5 concessioner has operated satisfactorily during the 



6 term of the contract (including: any extensions there- 



7 of); and 



8 (C) where the Secretary determines that the 



9 concessioner has submitted a responsive proposal for 



10 a new contract which satisfies the minimum require- 



1 1 ments established by the Secretary pursuant to sec- 



12 tion 7. 



13 (2) With respect to a concession contract (or exten- 



14 sion thereof) covered by this subsection which is in effect 



15 on the date of enactment of this Act, the proAisioiis of 



16 this paragraph shall apply if the holder of such contract, 



17 under the laws and policies in effect on the day before 



1 8 the date of enactment of this Act, would have been entitled 



19 to a preferential right to renew such contract upon its ex- 



20 piration. 



21 (i) Contracts With Annual Gross Receipts 



22 Under $500,000.— (1) The pro\isions of paragraph 



23 (g)(2) shall also apply to a concession contract — 



24 (A) which the Secretary estimates wnll result in 



25 annual gross receipts of less than $500,000; 



