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091257 1 (1978-10-10)

handle is hein.gao/gaobacuex0001 and id is 1 raw text is: October 10, 1978 The Honorable John C, Stenats Chairman, Committee on Armed Services United States Senate Dear John; You have before you, by referral from thp Senate Governmental Affairs Comdttee, S, 1264, the Federal Acquinition Act of 1977' This bill grove out of the work of the Federal Procurement Comnisnion of which I was a member, Aside from that, we in GAO have a very sub- stantial interest in it. There is one provision in S. 1264 which con- corns me a great deal, Tht has to do with the waiver or exemption provisions in aection 509. This provision would override the work of the Cost Accounting Standardo Board, of which I a the Chairman, with respect to waivers or exemptitns from those standards in a way which I believe would cause tremendous confusion in the Dofense Department and among Defense contractors. The Cost Accounting Standards board currently has a statutory responsibility for making judgments of this type and we have ssuoed a number of regulations which exempt small busineries and other con- tractors who do a small percentage of their businces with Government. To require contractors to adhere to boIt.h the Board requirements as well as those written into the statute would be terribly confusing and wasteful. I hope very much that you will take a look at this provision. Your staff has a great deal of backup material on it from our office. I would be delighted to visit with you personally about the matter if that would be helpful. Beet wishes. Sincerely, Elmer B. Stacte cc: OCR

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