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B-188008 1 (1976-12-27)

handle is hein.gao/gaobadeif0001 and id is 1 raw text is: I 'I psLe s0ONW Bas'n THE COMPTROLLER UENURAL DEIION . OF THE UNITED BTATEP WAUHINUTCN, D.C. *JS46 4 JITS FILE: 5-1880011 MATTER OF: DATE: knot yr1 if6 Ellicott Machine Corporation DIGEST: Protests involving Panama Canal Company's procuremants are not considered by GAO since bid protest jurisdict2Zu is based on account settlement authurity and Panama Canal Company's accounts are not subject to settlement by GAO. By letter dated December 10, 1976, Ellicott Machine Corporation protected the procurement of pumping equipment by the Panama Canal Company. The General Accounting Office derives i.ce authority to determine bid protests through the Budget and Acco.ating Act, 1921 (42 Stat. 20) as codified in Title 31 of the United States Code; more specifIcally, 31 U.S.C. § 71 gives general authority to the General Accounting Office to settle aiad .Cjust: all accounte in which the UniteJ States is con- cerned, eithr as debtor or creditor. Section 65 of Title 2 of the Panama Canal Zone Code (76A Stat. 11 (1962)) set. forth in pakt the general powers of the Panama Canal Company as follows: (a) The Panama Canal Company may: * ft * * * (3) sue and be sued in its corporate name, U. * * * * (5) determine the character of, and necessity for,'its onligations and expenditures and the manner in which they shall be incurred, allowed, and paid, and Incur, allow and pay them, * * *. - 1- I .2 q Lt CD I Proc. I I'-..- i

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