B-164908:
Jan 31, 1969
OUR ADVICE IS REQUESTED WITH REGARD TO THE FUNDING ASPECT OF THE PLAN. ENCLOSED IS A COPY OF OUR LETTER OF TODAY TO THE SECRETARY OF THE AIR FORCE (B-164908) CONCERNING THIS IDENTICAL PLAN. THE AIR FORCE PROPOSES NOT TO TAKE TITLE TO THE EQUIPMENT UNTIL THE LAST INSTALLMENT PAYMENT IS MADE. WHEREAS YOU PROPOSE TO HAVE TITLE VEST IN THE GOVERNMENT AT THE TIME OF THE INITIAL PAYMENT...