OCR Text |
Show 599 procedures might be preferable for business-type activities.568 To fulfill both statutory objectives may result in duplicate accounts. In addition to compliance with the foregoing-requirement of the Federal Power Act, the power accounts of the Bonneville Power Administration are subject to the express provisions of the Bonneville Project Act for an "independent commercial- type audit." 567 This provision does not, however, include an exemption from government-type accounting requirements. In the case of the Fort Peck Project Act, the Bureau of Recla- mation is required merely to keep "complete and accurate accounts." 568 In the case of the Tennessee Valley Authority, an audit is made by the Comptroller General, and TVA is per- mitted to determine its own system of administrative accounts.569 Another variation respecting the components of project costs occurs in connection with the costs of investigations and sur- veys. In the case of navigation and flood-control projects, examinations and surveys are authorized and financed inde- pendently of the projects.570 Such costs are not treated as com- ponents of project costs in administrative practice.571 But the costs of preparing definite planning reports, called Definite Project Reports, incurred after project authorization are in- cluded as a part of project costs.572 A different requirement obtains in the case of irrigation projects. In the first place, costs associated with particular purposes are accounted for in accordance with the allocation procedure already described.573 Correspondingly, it is required that the cost and expense of 866 Act of June 10, 1921, 42 Stat. 20, 31 U. S. O. 1 et seq.; H. Doe. No. 203, 81st Cong., 1st sess., pp. 5-6 (1949). M7Act of August 20, 1937, § 9(a), 50 Stat. 731, 736, as added by Act of October 23,1945, § 4, 59 Stat. 546, 547, see 16 U. S. C. 832h(a). ""Act of May 18,1938, § 8(a), 52 Stat. 403, 406, 16 U. S. O. 833g(a). 569 Act of May 18, 1933, § 9, 48 Stat. 58, 63, as amended, 16 U. S. O. 831h. See also H. Doc. No. 172, 80th Cong., 1st sess. (1947). 570 See supra, pp. 91-92,100-101,134,136. 571 Pboposed Peactioes fob Economic Analysis of River Basin Projects, Report of the Subcommittee on Benefits and Costs, Federal Inter-Agency River Basin Committee, pp. 79-81 (May 1950). 573 Id. p. 79 and see supra, pp. 293-294. 578 See supra, pp. 194-198. |