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In order to continue to participate in programs under the Manpower Development and Training Act of 1962 (42 U.S.C. 2571–2620), the Department of Education and Virgin Islands Employment Security Agency are each authorized to administer manpower development and training programs and to pay training allowances, to execute on behalf of the Virgin Islands agreements or contracts with the appropriate Federal agencies containing such provisions as may be necessary or desirable to enable the Virgin Islands to participate in such programs, to expend all funds made available for the purpose of such programs by the Virgin Islands or local subdivisions thereof or by the Federal government, to supervise the expenditure of such funds and conduct of such programs by other public and private agencies in the Virgin Islands, and to make such reports and certifications as are called for, and otherwise to cooperate with the Federal government and its departments and agencies, in the administration of such programs.