Utility Proposal for Powerplant Addition to Hanford New Production Reactor: Hearings Before the Joint Committee on Atomic Energy, Congress of the United States, Eighty-seventh Congress, Second Session ... July 10 and 11, 1962

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U.S. Government Printing Office, 1962 - 143 pages
Considers proposed agreements between AEC and Washington Public Power Supply System to construct and operate electric generating facilities at the new production reactor in Hanford, Wash.

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Page 51 - Rate schedules shall be drawn having regard to the recovery (upon the basis of the application of such rate schedules to the capacity of the electric facilities of the projects) of the cost of producing and transmitting such electric energy, including the amortization of the capital investment allocated to power over a reasonable period of years.
Page 134 - No department of the Government shall expend, in any one fiscal year, any sum in excess of appropriations made by Congress for that fiscal year, or involve the Government in any contract for the future payment of money in excess of such appropriations.
Page 133 - That the board is hereby authorized to enter into contracts with other power systems for the mutual exchange of unused excess power upon suitable terms, for the conservation of stored water, and as an emergency or break-down relief.
Page 134 - Subject only to the provisions of this Act, the Administrator is authorized to enter into such contracts, agreements, and arrangements, including the amendment, modification, adjustment, or cancelation thereof and the compromise or final settlement of any claim arising thereunder, and to make such expenditures, upon such terms and conditions and in such manner as he may deem necessary.
Page 134 - No contract or purchase on behalf of the United States shall be made unless the same is authorized by law or is under an appropriation Pabllc Works — Contracts. adequate to its fulfillment, except in the War and Navy Departments, for clothing, subsistence, forage, fuel, quarters, or transportation, which, however, shall not exceed the necessities of the current year.
Page 115 - I have no objection to the purpose that the Senator has in mind, but it would have to be done in such a way that it would not cripple the WPPSS in assuming the liability for the bond issue, or just by Jack of interest on their part or delay you might not be in a position where you could consummate your part of the contract, I mean the requirements for bonding. Senator JACKSOX.
Page 38 - There have been no requests for appearances and no invitations, except the people that are involved in the contracts. But that doesn't necesarily mean that there can't be in the future. However, I might point out that it is the gentleman's line of questioning that has brought out the fishery matter, and not the chairman's. Representative HOSMER. The witness initiated this, and I wanted to get a lot of stuff on the record about the fisheries, so that we could use that as a precedent for talking about...
Page 123 - ... faced with the possibility of being unable to obtain financing for this bureaucratic power project which had been hailed as a great Kennedy achievement when the contract providing for its construction was authorized by Congress during the last session. Of course, the new production reactor contract between the Atomic Energy Commission and the Washington Public Power Supply System still has a cancellation clause, but the joker in that cancellation clause is the fact that taxpayers of the Nation...

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