To Extend the Defense Production Act of 1950: As Amended, Hearings Before ... , 91-2 on H.R. 17880 ... , June 16 ... July 7, 19701970 - 567 pages |
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Page 169
... accounting standards , together with a written disclosure by the contractor of his cost - accounting practices , could do much to promote a common understanding as to the methods of cost determination to be used consistently . This ...
... accounting standards , together with a written disclosure by the contractor of his cost - accounting practices , could do much to promote a common understanding as to the methods of cost determination to be used consistently . This ...
Page 170
... accounting methods to be used in the reporting of costs in support of the bid proposal and interim administrative actions and in the settlement of the contract or contracts of a particular contrac- tor could be specified in greater ...
... accounting methods to be used in the reporting of costs in support of the bid proposal and interim administrative actions and in the settlement of the contract or contracts of a particular contrac- tor could be specified in greater ...
Page 171
... accounting standards . To assist the Comptroller General in this responsibility , a Cost - Account- ing Standards Advisory Board of no more than five members appointed by the Comptroller General would be established . I believe the ...
... accounting standards . To assist the Comptroller General in this responsibility , a Cost - Account- ing Standards Advisory Board of no more than five members appointed by the Comptroller General would be established . I believe the ...
Page 172
... accounting practices followed in defense contracts and among different contrac- tors could result in lack of adequate cost information and could impair compara- bility as among differing bidders and different contracts with the same ...
... accounting practices followed in defense contracts and among different contrac- tors could result in lack of adequate cost information and could impair compara- bility as among differing bidders and different contracts with the same ...
Page 173
... ACCOUNTING STANDARDS In contract negotiations , an understanding of the contractor's cost - accounting practices is of vital importance to negotiators on both sides of the table . By providing a common framework for the buildup of the ...
... ACCOUNTING STANDARDS In contract negotiations , an understanding of the contractor's cost - accounting practices is of vital importance to negotiators on both sides of the table . By providing a common framework for the buildup of the ...
Common terms and phrases
accepted accounting principles Accounting Office accounting practices accounting principles accounting standards administration Admiral RICKOVER AFL-CIO agencies allocations apply ASPR authority basis believe bill Board CHAIRMAN Commission committee companies Comptroller concentration ratio Congress construction contracts corporations cost-accounting practices cost-accounting standards defense contractors Defense Production Act economic effect established executive branch fact feasibility Federal fiscal four-digit industry freeze funds GALBRAITH going Government guideposts hearings income incomes policy inflation inflationary interest rates labor costs legislation major ment million MIZE negotiated percent period President price and wage price controls problem procedures procurement product class product-class groups profits promulgation question reason Renegotiation responsibility REUSS Section Senate STAATS statement subcontractors SULLIVAN testimony Thank tion troy ounces uniform cost accounting union United wage and price wage increases wage-price WALKER workers
Popular passages
Page 270 - The Comptroller General shall investigate, at the seat of government or elsewhere, all matters relating to the receipt, disbursement, and application of public funds...
Page 3 - States courts of any Territory or other place subject to the jurisdiction of the United States, to enjoin such acts or practices, and upon a proper showing a permanent or temporary injunction or restraining order shall be granted without bond.
Page 243 - The law locks up both man and woman Who steals the goose from off the common, But lets the greater felon loose Who steals the common from the goose.
Page 268 - I often say that when you can measure what you are speaking about and express it in numbers you know something about it; but when you cannot measure it, when you cannot express it in numbers, your knowledge is of a meagre and unsatisfactory kind...
Page 340 - ... (2) Any significant change occurs in the nature of the business, the extent of subcontracting, fixed asset improvement programs, the inventories, the volume of sales and production, manufacturing processes, the contractor's products, or other relevant circumstances.
Page 270 - ... containing recommendations concerning the legislation he may deem necessary to facilitate the prompt and accurate rendition and settlement of accounts and concerning such other matters relating to the receipt, disbursement, and application of public funds as he may think advisable. In such regular report, or in special reports at any time when Congress is in session, he shall make recommendations looking to greater economy or efficiency in public expenditures.
Page 347 - Such promulgated standards shall be used by all relevant Federal agencies and by defense contractors and subcontractors in estimating, accumulating, and reporting costs in connection with the pricing, administration and settlement of all negotiated prime contract and subcontract national defense procurements...
Page 3 - ... may request the Attorney General to bring an action in the appropriate district court of the United States to enjoin such acts or practices, and upon a proper showing...
Page 3 - Columbia, or the United States courts of any Territory or other place subject to the jurisdiction of the United States, to enjoin such acts or practices...
Page 2 - Board in carrying out its functions and responsibilities under this section. (e) Except as otherwise provided in subsection (a), members of the Board and officers or employees of other agencies of the Federal Government utilized under this section shall receive no compensation for their services as such but shall continue to receive the compensation of their regular positions. Appointees under subsection (d) from private life shall receive compensation at rates fixed by the Board, not to exceed...