OXCART FISCAL YEAR 1968/1969 FUNDING

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP89B00980R000600060004-9
• Release Decision: RIPPUB
• Original Classification: T
• Document Page Count: 5
• Document Creation Date: January 4, 2017
• Sequence Number: 4
• Publication Date: June 24, 1968
• Content Type: MF

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Approved For _ase 2006/09/26 : CIA-RDP89B00980~0600060004-9

CENTRAL INTELLIGENCE AGENCY
WASHINGTON, D.C. 20505
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2 4 JUN 1968

MEMORANDUM FOR: Comptroller, National Reconnaissance Office

SUBJECT: OXCART Fiscal Year 1968/1969 Funding

, REF EREN CE :

Memorandum for Comptroller, Directorate of
Science and Technology, CIA, dated 29 May 1968,
same subject 1 I ' ,

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1. We have, in accordance with the referent memorandum,
conducted a careful review of the OXCART phaseout activity in
an effort to estimate FY.69 fund requirements for July and
August 1968. The estimates were based on the assumptions con-
tained in your memorandum and are qualified as fo~lows:

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a. We assume that the FY 68 funds (current balance
about I I allocated for phaseout costs will be
available and that costs properly chargeable to FY 68
should be charged against that account. They are therefore
not included in the estimate in this memorandum.

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b. With the exclusion of sums coverp.~ by a., above,
and with the further exclusion of I Icloseout costs
as stated in your memorandum, the estimates included
herein are generally limited to the 0 & M and basic
support costs at I Ifor July and August.

2. With respect to the total OXCART closeout picture, there
are a number of considerations which make it impossible to
determine precisely what the ultimate costs to the government
will be. Each contract settlement must be considered a "termi-
nation for the convenience of the government", and each contract
must be closed in accordance with procedures applicable to this
type of termination. Some of, the items which have a bearing

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'n;\:g~r;
I'~) ..L.Ler
Directorate of
Science and Technology

Attachment:
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Approved For..Release 2006/09/26 : CIA-RDP89B00980R,000600060004-9
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Approved For Release 2006/09/26 : CIA-RDP89B00980R000600060004-9

Approved For Release 2006/09/26 : CIA-RDP89B00980R000600060004-9