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B-125187 1 (1973-03-20)

handle is hein.gao/gaobaaggu0001 and id is 1 raw text is: COMPTROLLER GENERAL OF THE UNITED STATES WASHINGTON, D.C. 20548 B-125187 VAR 2 0 1973 The Honorable James V. Stanton House of Representatives LM096431 -- Dear Mr. Stanton: In your letter dated January 12, 1973, you asked for information on the additional costs the Federal Government would_icllr.inaintaining the National Industrial Equipment Reserve (NIER) if the school loan prpgramwVere terminated. You questioned weetler terminat ing A the school loan program would result in direct costs to the Government which would exceed the cost now incurred to operate the program. Of the $1.8 million budgeted for NIER by the General Services Administration (GSA) in fiscal year 1972, about $500,000 was budgeted for the school loan program according to GSA officials. About $1.3 million was budgeted for other functions, such as storage costs, packing, handling, mainte- nance, and warehouse operations. There were about 8,200 pieces of machinery on loan to schools as of September 30, 1972. Department of Defense (DOD) officials furnished us with cost estimates for storing and maintaining these 8,200 pieces of machinery, if recalled from the schools. DOD provided these estimates for both con- trolled humidified storage and general-purpose storage for I- and 5-year periods. General-purpose storage sites would have to be used until controlled humidified storage becomes available. DOD's estimate is enclosed. Our reply is directed to the six questions listed in your letter. 1. Ihat costs would be incurred by the Government to maintain this machinery in working order if they .ere removed from the schools? To maintain the machinery in working order, the equipment must be preserved and properly stored. Controlled humidified )E~ST Dor'T Nf VAN ARP

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