Monthly Status and Progress Reports for September, 1950 (Partial) (Sec. Ix - Finance Only)

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OR0 reported disposal of excess property representing surplus from direct government operations totaling $626,057 in acquisition value. Rescreening by defense agencies was completed, and OR0 estimated that it could complete its direct dfsposal aotivities involving contractors' excess property by about November 15. I?YO reports use of a new form for reporting stores inventories arid inventory changes and permitting analysis. administrator on property management and supply procedures of AM: covering items such as st&dards for inventory levels, replacement standards for .equipment, disposition of excess personal property, and substitution of critical materials. A report was made to the Reports by operations offices in line with the President's program for conservation were conibined into a corisolidated report to GSA. Purchase orders for 81 automotive-type vehicles for the BYO, ORO, The annual report to the Bureau of the Budget on motor vehicles showed substantial improvement in the matter of lower operating and mainTne transportation manual and an accompanytag GM bulletin were completed and approved, and were being prepared for distribution. As a result of discussions with representatives of GPO, that agency agreed to a procedure that would permit the AEC contractor to stamp certain phraseology on commercial bills of lading and pay them in his usual manner instead of converting them to Government b i l l s of lading. Data were obtained from AEC installations for a report to the President's Communications Policy Board. A proposal by a representative of Factory Mutuals tha% the McMahon Act be amended to assure property owners of indemnity for damage due to peacetime atomic eneygy operations pointed up the fact that more exact information must be conveyed to the executives of fire insurance compa-

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under the Budget and Accounting Procedures Act of 1950 and t o furthering development of the joint Treasury-Budget-GAO accounting improvement The Budget and Accounting Procedures Act of 1950 which became law September 12 in effect gives legislative approval t o the steps that AEC has already taken inits industrial accounting system and comerc i a 1 auditing practices. While establishing the Comptroller General as the accounting and auditing authority for the Government, the law places upon the heads of the executive zgencies the responsibility f o r establishing comprehensive financial accounting, reporting, and auditing Gystems within their agencies. I n accordance with a request by the Director of the Bureau of the Budget, AEC reviewed its 1951 budget program i n an effort to effect savings as required under Section 1214 of the General Appropriation Act and elimination'oy deferral of construction projects were more than offset by a new requirement of $19.3 million, Bureau for apportionment of the full amount of Mds available. request for apportionment was supported by the 1951 area financial plms as adjusted by the Washington office. The savlngs of $19.3 million effected by reduction i n costs Accordingly, AEC asked the The 1951 financial plans of all AM: offices were reviewed by the program divisions and the Budget Branch, and the requestg totaling $934,916,732 were revised s o as t o come within the over-all 1951 availabil it y of $849,188,263. temporary allotments of fund requirements through September were issued. Pending approval by the Bureau of the Budget, Since delay i n passage of the 1951 Appropriation Act and other fac-tors made submission of the 1952 budget on September 15 impossible, the Bureau of the Budget informally extended the date for submission. Recast estimates and revised justifications were assembled f o r review by the Commission on October 5 . During September a new type of report on status of allotments was initiated by the Finance Division. showing not only the obligations and expenditures but a l s o the costs incurred f o r each major contract and working fund advance. Internal Audit iq The new report includes a schedule During September the report w a s completed on the survey of business management practices on the Atomic Bomb Casualty Commission i n Japan. Business Operations Appointments Branch replacing Douglas McFarlane who was called t o active military service late in July. George Taylor was appointed Chief of the Business O-&ations E. H. Glade was appointed Assistant Chief of the