LEGISLATION RELATING TO LIMITS AND PURCHASE PRICES FOR GOODS AND SERVICES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP81M00980R001900060134-8
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 19, 2016
• Sequence Number: 134
• Content Type: MEMORANDUM FOR

Approved For Release 2006/08/01 CIA-RDP81 M00980R001 900060134-8
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OLC C
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OLC 78-2444
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3 July 1978
MENDRWIDt1M FOR: OGC Logistics and Procurement Division.
OL/Procurement Management Staff
STAT FROM:
SUBJECT: Legislation Relating to Limits and Purchase Prices
for Goods and Services
1. During its consideration of the authorization bill for the
Treasury Department and other Federal entities on 27 June, the Senate
adopted an unprinted floor amendment relating to limiting prices
which Federal agencies may pay to purchase goods and services. The
language of the amendment is as follows:
"SEC. 615. None of the funds appropriated by this Act
or any other Act shall be used to purchase goods and services
the prices of which have risen in excess of the guidelines
established by the Office of Federal Procurement Policy
pursuant to the President's memorandum to the heads of
executive departments and agencies dated May 18, 1978."
Note that. the amendment concerns funds appropriated by any Act not
just the Treasury appropriations Act.
2. The limitation on purchase prices for goods and services is
pegged to a Presidential memorandum to the heads of Executive departments
and agencies dated 18 May 1978, I presume the Agency received this
memorandum. I am attaching pages from the 27 June Congressional Record
containing the floor debate on this provision. If in the opinion of
your office this provision is of concern to us, please so advise. If
it is determined we should seek to have the provision amended, we will
have to do so during the House/Senate conference which is likely to take
place fairly soon after the Congress reconvenes on 10 July. Therefore,
please let me have any thoughts you might have on this matter by Friday,
7 July.