CONCURRENCE IN AMENDMENT NO. 1 TO CONTRACT NO. BC-450, HYCON MFG. COMPANY, PASADENA, CALIFORNIA, PROJECT (SANITIZED)/T&M

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP89B00487R000400780051-1
Release Decision: 
RIPPUB
Original Classification: 
K
Document Page Count: 
2
Document Creation Date: 
December 22, 2016
Document Release Date: 
June 19, 2012
Sequence Number: 
51
Case Number: 
Publication Date: 
January 22, 1957
Content Type: 
MEMO
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PDF icon CIA-RDP89B00487R000400780051-1.pdf72.05 KB
Body: 
Declassified in Part - Sanitized Copy Approved for Release 2012/06/20: CIA-RDP89B00487R000400780051-1 SAPC-12434 Copy_~,_of 3 22 January 1957 ME40RANDIAM FOR ME RECORD: SUBJECT: Concurrence in Amendment No. 1 to Contract No. BC-450, Hycon Mfg. Company, Pasadena, California, Project ~ (T&M 1. This memorandum contains recommendations submitted for approval of the Project Director. Such recommendations are set forth in paragraph 5. 2. Contract No. BC-450 provides for modification, repair and overhaul of photographic equipment and related ground sup- port equipment developed and being produced by the subject con- tractor and the Perkin-Elmer Corporation for Project AQTATONE and the Department of the Air Force under separate contracts between the Agency and these firms. 3. The contract provided authority for the Contractor to expend an amount not to exceed $150,000 and vas chargeable to FY 1957 A JATONE funds. It was anticipated that additional funds would be required after some experience vas gained as to the amount and type of repairs to be made. The Contractor in- dicates that by 15 January 1957 the original amount of $150,000 will be expended. Amendment No. 1 authorizes an increase of $150,000 or a total authorization of $3-09.,000. It is possible that $75,000 additional funds will be required prior to 30 June 1957. Amendment No. 1 provides that of the total amount of $300,000 that $255,000 is available for repairs for Customer No. 1 (AQUATONE) and $45,000 for Customer No. 2(Air Force). The Contractor is to segregate repair costs for the respective cus- tomers and indicate the customer accordingly in his billings. A recap of the funds chargeable is as follows: FY 1957 AQUATONE Funds *255 -000 Dept. of the Air Force chargeable during FY 1957 . 45,000 Total 300,000 Declassified in Part - Sanitized Copy Approved for Release 2012/06/20: CIA-RDP89B00487R000400780051-1 Declassified in Part - Sanitized Copy Approved for Release 2012/06/20: CIA-RDP89B00487R000400780051-1 4. The Director of Central Intelligence by memorandum to the Comptroller dated 20 September 1956 certified under Section 10(b) of Public Law No. 110 that $600,000 vas avail- able for contract. 5. Approval of Amendment No. 1 to Contract No. BC-450 and execution thereof on behalf of the Agency by the auth- orized Project Contracting Officer is recommended. Contracting Officer Approval requested in ted. Declassified in Part - Sanitized Copy Approved for Release 2012/06/20: CIA-RDP89B00487R000400780051-1