REPORT ON AUDIT OF COSTS SHELL OIL COMPANY SAN FRANCISCO CALIFORNIA CONTRACT NO. SH-513 PART I ITEM 2

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP67B00074R000500420008-9
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 2
• Document Creation Date: December 21, 2016
• Document Release Date: January 29, 2009
• Sequence Number: 8
• Publication Date: May 30, 1963
• Content Type: MEMO

Approved For Release 2009/01/29: CIA-RDP67B00074R000500420008-9
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RBPLT TO:
Auditor General
Comptroller, USAF
eastern District
Liaison Officer
P.O. Box 8155
S.W. Station
Washington, D.C.
30 May 1963
SUBJECT: Report on Audit of Costs
Shell Oil Company
San Francisco, Calif
Contract No. 31 '-513 t I tea _:2)
TO : Contracting Officer
1. In accordance with oral request, a review has been made
of the costs incurred by the contractor under the portion of the sub-
ject contract relating to the purchase and installation of special
fuel storage facilities and equipment at Castle Air Force Base,
California. The related contract price of $113,500 is subject to
price redetermination after completion (unlimited downward and limited
upward to a ceiling of 110% of contract cost). The work is to be per-
formed without profit, however, provision is sale to include a fixed
amount of $4,500 in the costs to cover general administration expense.
2. Contractor' Psi. At the time of the audit the con-
tractor had not submItted, a cost proposal nor me" any claim for pro-
gress payment although the t work was physically completed.
However, in a discussion, with Contractors representSTAT??
the auditor was advised that, stb,)sct receipt of a small creuiz
se
$105374.56 as rvo from one of its vendors, the final cThU lais would be submitted for~~ rdetailed
the . vendor and anticipated
mmoounts to $54.19. for
gs returned to Ikkibit
ssamevalvesand
S. All of the costs shown on Exhibit A were verified by the
auditor by reference to purchsse orders, vendors invoices and payroll
records. At the time of audit the contractor had pi messed paymeatp`
the vendors for all the listed items except 5 items totalling $!,
t.,
in connection with which final actions were pending.
TAT
Audit Liaison _ Officer
lantern District
Approved For Release 2009/01/29: CIA-RDP67B00074R000500420008-9
 Approved For Release 2009/01/29: CIA-RDP67B00074R000500420008-9
STAT
Approved For Release 2009/01/29: CIA-RDP67B00074R000500420008-9