B-155253, MAR 20, 1968
Highlights
SECRETARY: REFERENCE IS MADE TO LETTER OF JANUARY 23. WE HAVE ALSO RECEIVED A COPY OF A MEMORANDUM. THE FAST PAYMENT PROCEDURES WERE THE SUBJECT OF LETTER OF OCTOBER 26. ACCORDINGLY THE REVISED FAST PAYMENT PROCEDURE IS APPROVED AS IS THE USE OF COMMERICAL BILLS OF LADING FOR SHIPMENTS MOVING UNDER THE PROCEDURES OUTLINED IN THE REVISED PARAGRAPH 3-606 OF THE ASPR. THE USE OF COMMERICAL BILLS OF LADING IS AUTHORIZED AS AN EXCEPTION TO 5 GAO 3010.10.
B-155253, MAR 20, 1968
PRECIS-UNAVAILABLE
DEAR MR. SECRETARY:
REFERENCE IS MADE TO LETTER OF JANUARY 23, 1968, FROM THE CHAIRMAN, ARMED SERVICES PROCUREMENT REGULATION (ASPR) COMMITTEE, REQUESTING APPROVAL OF THE FAST PAYMENT PROCEDURE, PRESCRIBED IN REVISED PARAGRAPH 3-606 OF THE ASPR ENCLOSED WITH SUCH LETTER. WE HAVE ALSO RECEIVED A COPY OF A MEMORANDUM, DATED FEBRUARY 15, 1968, OF THE DEPUTY ASSISTANT SECRETARY OF DEFENSE (PROCUREMENT) RELATIVE TO THE INSTITUTION OF INTERNAL ADMINISTRATIVE REVIEWS AND AUDITS BY THE MILITARY SERVICES OF THE EFFECTIVENESS OF CONTRACT ADMINISTRATION USING THE FAST PAYMENT PROCEDURES.
THE FAST PAYMENT PROCEDURES WERE THE SUBJECT OF LETTER OF OCTOBER 26, 1967; B-155253, COPY ENCLOSED, FROM THE ACTING DIRECTOR OF OUR DEFENSE DIVISION TO THE DEPUTY ASSISTANT SECRETARY OF DEFENSE (PROCUREMENT).
THE REVISED PROCEDURES, IMPLEMENTING REVIEWS AND INTERNAL AUDITS INCORPORATE THE CHANGES RECOMMENDED IN THE LETTER OF OCTOBER 26. ACCORDINGLY THE REVISED FAST PAYMENT PROCEDURE IS APPROVED AS IS THE USE OF COMMERICAL BILLS OF LADING FOR SHIPMENTS MOVING UNDER THE PROCEDURES OUTLINED IN THE REVISED PARAGRAPH 3-606 OF THE ASPR. THE USE OF COMMERICAL BILLS OF LADING IS AUTHORIZED AS AN EXCEPTION TO 5 GAO 3010.10.
AS INDICATED IN OUR LETTER OF OCTOBER 26, OUR OFFICE PLANS TO LOOK INTO THE OPERATION F THE REVISED FAST PAYMENT PROCEDURE AND RELATED SERVICE AUDITS IN THE COURSE OF OUR REGULAR EXAMINATION OF PROCUREMENT IN THE DEPARTMENT OF DEFENSE.