Subsection 17(g)(2) of H.R. 3474 Regarding the Disposition of Nonnuclear Demonstration Plants Acquired by the Energy Research and Development Administration
B-178205.80: Mar 16, 1976
- Full Report:
The Subcommittee of Energy Research, Development, and Demonstration requested our views on subsection 17(g)(2) of H.R. 3474 with regard to the disposition of nonnuclear demonstration plants acquired by the Energy Research and Development Administration (ERDA) as a result of a default on a loan guarantee by the borrower managing the demonstration plant.
It is our opinion that the provisions of the Nonnuclear Energy Research and Development Act of 1974 foes nor grant ERDA authority without regard to the provisions of the Federal property and Administrative Services Act, 1949, to dispose of demonstration plant properties, over which the United States has disposal power, acquired as a result of a defaulted loan.