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UNITED STATES GENERAL ACCOUNTING OFFICE
WASHINGTON 25, D. C.
DEFENSE ACCOUNTING AND
AUDITING DIVISION
Reference is made to Mr. 3urgize' s discussion ith Mr. Goldstein
on August 12, 1959, :zd d-scussion between Messrs. 3nd Socolar
of the General Consels Office and Messrs. Stacy and Iilson of the
_avy Audit Group on August 13, 1959, on the sale of surplus Govei'nment
at ent. uri ng the latter discussion it was to subeit
the case for osideration nd adrvice.
The enclosed file of oirking papers oncerns the sale of 3t
pl o e aient installed in the -aval 1ndustrial Reserve Air-
crat t City, Missouri. The net fr= the sale of
C-e-ove~n eaq~peent 'wscredited against :4ons due ndra oro-
t c:ntract with inghouse Electric Corporation wao is lsing
theroperty and the .uipeenti We believe that the proceeds
ve been cover i e as ats.
The plant and property is leased by the oreau of Aeronatics
(_aer) to esti Lectric Corporation .uder contract -6,W
datd.Jauay , 95, wihsuperseded contract Wr)l8dat ed
19'3 The is ased by ting-
house on a rent-free basis under r facilities2
date Mach i~,1958 ('peg. I) 1 hi
-0a 107 dated January 1. !9 1 uhich covered the purchase and 4nstal-
htion of te eqipeent as -well as the use of the q
%has been producing jet engines at this at udr
vai ontracts with the I for several years. The production
-ontract in effect at the time the surplus Goverent plant equient
:- s sold., _0a : 6106i dated etme 23, 1956.
By dated 23, ( e ) the oreau of Aero-
nautics Reresentative (3AR),Cansas City, Aissouri, Avised 3uAcr
that the contractor was his jet ngine poduction lines
_d would report a considerable of surplus machine tools. In
this the ]AR proposed at the proceeds realized fr the
sale of surplus machine tools be credited to monies due the contractor
ndeca wa isued to cover the cost of
cki nd crating surplus equipent that nigt be requested b y
ts an agenies uring tesreening process. Rpyf~
3u~r atd ul72,58, (paCge 3) advised that th -roceeds mu-ast b1e
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