Hearings, Reports and Prints of the Senate Committee on Armed Services

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Página 22 - Strategic and Critical Materials Stock Piling Act of 1979 (50 USC 98 et seq.) defines strategic and critical materials as follows: "(1) The term 'strategic and critical materials. means materials that (A) would be needed to supply the military, industrial, and essential civilian needs of the United States during a national emergency, and (B) are not found or produced in the United States in sufficient quantities to meet such need.
Página 1 - OPENING STATEMENT BY SENATOR GARY HART, CHAIRMAN Senator HART. The hearing will come to order. The purpose of our hearing this morning is to receive testimony on all pending stockpile commodity legislation.
Página 53 - The plan and date of disposition shall be fixed with due regard to the protection of the United States against avoidable loss on the sale or transfer of the material to be released and the protection of producers, processors, and consumers against avoidable disruption of their usual markets...
Página 159 - Congress declares that it is the policy of the United States to use export controls to the extent necessary (a) to protect the domestic economy from the excessive drain of scarce materials and to reduce the inflationary impact of abnormal foreign demand...
Página 173 - President to be against the national interest, and (B) to restrict the export of goods and technology which would make a significant contribution to the military potential of any other nation or nations which would prove detrimental to the national security of the United States.
Página 12 - Cost analysis is the review and evaluation of a contractor's cost or pricing data (see § 1-3.807-3) and of the judgmental factors applied in projecting from the data to the estimated costs, in order to form an opinion on the degree to which the contractor's proposed costs represent what performance of the contract should cost, assuming reasonable economy and efficiency. It includes the appropriate verification of cost data, the...
Página 4 - Transfers made pursuant to this subsection shall be made without charge against or reimbursement from funds available under such Act of June 7, 1939, as amended...
Página 3 - January 1. 1972. the President may not prohibit or regulate the importation into the United States of any material determined to be strategic and critical pursuant to the provisions of this Act, if such material is the product of any foreign country or area not listed as a Communist-dominated country or area in general headnote...
Página 52 - ... profits, with no realization of the function of profit cannot be condoned. For each contract in which profit is negotiated as a separate element of the contract price, the aim of negotiation should be to employ the profit motive so as to impel effective contract performance by which overall costs are economically controlled. To this end, the profit objective must be fitted to the circumstances of the particular procurement, giving due weight to each of the performance, risk, and other factors...

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