Supergrade Positions, Hearing Before the Subcommittee on Manpower and Civil Service ... 91-1, on H.R. 12476, Nov. 5, 1969

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Page 24 - Another important and complex program we have undertaken is the feasibility study of applying uniform cost accounting standards to be used in all negotiated prime contracts and subcontract defense procurements of $100,000 or more.
Page 24 - ... Defense appropriations bill for fiscal year 1969. In carrying out this study, we performed work in 13 colleges and universities, two hospitals, and two independent, not-for-profit research institutions. Six of our regional offices participated in this study. The objectives of this study include : — a determination of the feasibility of establishing a uniform formula for indirect costs of research grants and contracts ; — the reasons for the current wide variations on indirect, costs ; —...
Page 15 - I would certainly be less than honest if I did not say that I have been disappointed that I haven't been able to arrange this.
Page 23 - The magnitude and complexity of the operations of the Department of Defense require that we place extremely heavy responsibilities upon our staff. For example, in the area of procurement alone, the Department of Defense is awarding contracts for weapon systems and related equipment and supplies at the rate of about $43 billion a year, involving some 11 to 15 million contract actions.
Page 24 - Federal aid to State and local governments is expected to triple in the present decade — from $7 billion in 1960, to $25 billion in 1970. The increase in number and scale of Federal aid programs reflects the high priority being given to investments in human resources.
Page 2 - Mr. Chairman and members of the subcommittee, we welcome the opportunity to appear before you...
Page 24 - Bureau of the Budget, conduct this study and report to the Congress by December 31, 1969. We have begun consultations with representatives of the accounting profession and with many types of industries affected, such as electronics, food, aerospace, steel, aluminum, machinery, and scientific instruments. Our study is directed to the feasibility of applying uniform cost accounting standards as a means of enhancing the comparability, reliability, and consistency of cost data used for procurement through...
Page 24 - We have consulted with representatives of the accounting profession and with many types of industries affected, such as electronics, food, aerospace, steel, aluminum, machinery, and scientific instruments. Our study is directed to the feasibility of applying uniform cost accounting standards as a means of enhancing the comparability, reliability, and consistency of cost data used for procurement through negotiated contracts. We are hopeful that our study will develop possibilities for greater consistency...
Page 24 - The Comptroller General, in cooperation with the Secretary of Defense and the Director of the Bureau of the Budget, shall undertake a study to determine the feasibility of applying uniform cost accounting standards to be used in all negotiated prime contract and subcontract defense procurements of $100,000 or more.
Page 24 - ... applying uniform cost accounting standards (UCAS) to be used in all negotiated prime contracts and subcontract defense procurements of $100,000 or more. Public Law 90-370, approved July 1, 1968, provides that the Comptroller General, in cooperation with the Secretary of Defense, and the Director, Bureau of the Budget, conduct this study and report to the Congress by December 31, 1969.

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