Hearings Pursuant to Section 4, Public Law 86-89, Special Subcommittee on Procurement Practices of the Department of Defense of the Committee on Armed Services, House of Representatives, Eighty-sixth Congress, Second Session

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Page 10 - Act shall include a clause to the effect that the Comptroller General of the United States or any of his duly authorized representatives shall, until the expiration of three years after final payment, have access to and the right to examine any directly pertinent books, documents, papers, and records of the contractor or any of his subcontractors engaged in the performance of and involving transactions related to such contracts or subcontracts.
Page 132 - excessive profits" means the portion of the profits derived from contracts with the Departments and subcontracts which is determined in accordance with this title to be excessive. In determining excessive profits favorable recognition must be given to the efficiency of the contractor or subcontractor, with particular regard to attainment of quantity and quality production, reduction of costs, and economy in the use of materials, facilities, and manpower...
Page 712 - small business concern" is a concern, including its affiliates, which is independently owned and operated, is not dominant in the field of operation in which it is bidding on Government contracts, and can further qualify under the criteria set forth in regulations of the Small Business Administration (Code of Federal Regulations, Title 13, Section 121.3-8).
Page 18 - ... determined to be necessary in the public interest during the period of a national emergency declared by the President or by the Congress...
Page 738 - Section 2304 is amended by adding a new subsection as follows: "(g) In all negotiated procurements in excess of $2,500 in which rates or prices are not fixed by law or regulation and in which time of delivery will permit proposals shall be solicited from the maximum number of qualified sources consistent with the nature and requirements of the supplies or services to be procured...
Page 634 - ... (14) the purchase or contract is for technical or special property that he determines to require a substantial initial investment or an extended period of preparation for manufacture, and for which he determines that formal advertising would be likely to result in additional cost to the Government by reason of duplication of investment or would result in duplication of necessary preparation which would unduly delay the procurement of the property...
Page 199 - Subsection 2304(a) is amended to read as follows: "(a) Purchases of and contracts for property or services covered by this chapter shall be made by formal advertising in all cases in which the use of such method is feasible and practicable under the existing conditions and circumstances. If...
Page 106 - Composition of total costs. The cost of a research agreement is comprised of the allowable direct costs incident to its performance, plus the allocable portion of the allowable indirect costs of the institution, less applicable credits as described in section C.5.
Page 24 - ... for property or services for which it is impracticable to obtain competition; (11) the purchase or contract is for property or services that he determines to be for experimental, developmental, or research work, or for making or furnishing property for experiment, test, development, or research...
Page 37 - ... it is determined that such action is necessary in the public interest during a national emergency declared by Congress or the President...

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