A bill to enhance the flexibility of contractual authority of the Temporary Commission on Financial Oversight of the District of Columbia.

Summary

Authorizes the Temporary Commission on Financial Oversight of the District of Columbia to enter into contracts with the Government of the District of Columbia with respect to financial planning services and auditing services. Removes the requirement that contracts negotiated for such purposes be fixed price contracts. Entitles the Commission to inspect the facilities and audit the books and records of any contractor (or subcontractor) performing a contract (or subcontract) under this Act, including the District of Columbia Government. Requires each such contract to entitle the Comptroller General of the United States, until three years after final payment to examine any pertinent books, papers, or records of the contractor or subcontractors relating to performance of the contract. Postpones commencement of required annual fiscal year audits of the District of Columbia Government from fiscal year 1979 to fiscal year 1983. Extends the authorization for discretionary balance sheet audits of such government up through fiscal year 1982.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 20 July 1978

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.