MISCELLANEOUS COSTS INCIDENT TO PROCUREMENT

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP78-05246A000100030015-6
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: December 12, 2016
• Document Release Date: May 3, 2002
• Sequence Number: 15
• Publication Date: February 17, 1960
• Content Type: MEMO

Approved Fpr Release : CIA-RDP78-05216A000100030015-6
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FINANCIAL POLICY ME1 M DUM 60-3
SUBJECT: Miscellaneous Costs Incident to Procurement
1. The Agency's bulk stock procurement allotment accounts
were established to provide fund control and facilitate procurement
activities. As a matter of general policy all costs are charged to
an appropriate cost account.
2. It has developed that the Office of Logistics prefers not
to "capitalize" or carry in its stock records the varying incidental
charges, such as taxes, accessories or servicing, which occur in
connection with some stock procurement since to do so would
necessitate keeping individual stock record cards (at varying
prices) for each separate item of like materiel. In the absence
of some provision for costing these incidental charges they have
been coated to the Agency bulk stock account symbols, which are
allotment symbols only.
3. The Budget Division will establish cost accounts which
will provide for the collection of these costs in fiscal year 1960
as a basis for a decision to either make these costs a regular
Office of Logistics coat or develop some way to charge them to the
eventual consumer.
Deputy Comptroller
Chairman
Approved For Relea ee 2002/05/14: CIA-RDP78-05246A000100030015-6