Hearings, Reports and Prints of the Joint Economic Committee, Parts 1-2U.S. Government Printing Office, 1977 - Legislative hearings |
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Common terms and phrases
$62 million action Admiral MANGANARO Admiral RICKOVER agreement allegations amount Armed Services Board ASBCA Attorney audit Board of Contract building Chairman Chief of Naval claims problem Claims Settlement Board Congress construction Contract Appeals contracting officer contractor Counsel court D.C. DEAR decision Defense Department delays Department of Defense Deputy Secretary dispute entitled equitable adjustment filed fraud HIDALGO inflation Ingalls investigation ITEM Joint Economic Committee June June 11 Justice Department letter LHA contract litigation Litton Industries Litton Systems Lockheed LSCC memorandum ment Naval Material Naval Sea Systems Navy Claims Settlement Navy contracts Navy shipbuilding contracts Navy's negotiations Newport News claims Newport News Shipbuilding nuclear Packard Pentagon procurement profit proposed Public Law question request responsibility Sea Systems Command Secretary CLEMENTS Secretary of Defense Senator PROXMIRE settle shipbuilding claims shipbuilding program shipyard statement submarines submitted Tenneco tion Washington WILLIAM PROXMIRE yard
Popular passages
Page 96 - Smith had a more implicit faith in the 'hidden hand' to ensure that "what is good for General Motors is good for the United States".
Page 450 - Any person who corruptly practices or attempts to practice any fraud against the United States in the proof, statement, establishment, or allowance of any claim or of any part of any claim against the United States...
Page 49 - ... effective enforcement proceedings, as well as the political power of the larger industries. Our record of trying to impose direct federal regulations on large industries has been dismal. In this connection, the recent hearings of the Subcommittee on Economy in Government of the Joint Economic Committee of the US Congress, Economic Analysis and the Efficiency of Government, are instructive. Another recent government report by the General Accounting Office has provided a rather devastating...
Page 532 - The report shall either contain an expression of opinion regarding the financial statements, taken as a whole, or an assertion to the effect that an opinion cannot be expressed. When an over-all opinion cannot be expressed, the reasons therefor should be stated.
Page 99 - Responsibility; to act as a member of a learned profession, one dedicated to public service; to cooperate with his brother lawyers in supporting the organized bar through the devoting of his time, efforts, and financial support as his professional standing and ability reasonably permit; to conduct himself so as to reflect credit on the legal profession and to inspire the confidence, respect, and trust of his clients and of the public; and to strive to avoid not only professional impropriety but also...
Page 566 - |I]n the 'give-and-take' of plea bargaining, there is no such element of punishment or retaliation so long as the accused is free to accept or reject the prosecutor's offer.
Page 492 - Competitive conditions in the business involved including, where material, the identity of the particular markets in which the registrant competes, an estimate of the number of competitors and the registrant's competitive position, if known or reasonably available to the registrant.
Page 614 - There being no objection, the letters were ordered to be printed in the Record, as follows : HEWLETT-PACK ARD Co., Palto Alto, Calif..
Page 276 - Defense to procure supplies and services from responsible sources at fair and reasonable prices calculated to result in the lowest ultimate overall cost to the Government.
Page 118 - Because partially completed ships cannot be transferred from one shipyard to another, they are sometimes held hostage in contract disputes. Both Litton and Newport News have threatened work stoppages thus forcing the Navy into court in order to require them to continue work. But Federal judges are not able to hear complex shipbuilding contract disputes and render judgments in a short time. In the two cases mentioned, the Navy was ordered to continue to pay the contractor's incurred costs pending...