Page:United States Statutes at Large Volume 116 Part 2.djvu/293

 PUBLIC LAW 107-217—AUG. 21, 2002 116 STAT. 1075 (B) paying the purchase price, cost of transportation of personal property and services, and cost of personal services employed directly in the repair, rehabilitation, and conversion of personal property; and (C) paying other direct costs of, and indirect costs that are reasonably related to, contracting, procurement, inspection, storage, management, distribution, and accountability of property and nonpersonal services provided by the General Services Administration or by special order through the Administration. (2) OTHER USES.—The Fund may be used for the procurement of personal property and nonpersonal services authorized to be acquired by— (A) mixed-ownership Government corporations; (B) the municipal government of the District of Columbia; or (C) a requisitioning non-federal agency when the function of a federal agency authorized to procure for it is transferred to the Administration. (d) PAYMENT FOR PROPERTY AND SERVICES.— (1) IN GENERAL.—For property or services procured through the Fund for requisitioning agencies, the agencies shall pay prices the Administrator fixes under this subsection. (2) PRICES FIXED BY ADMINISTRATOR. — The Administrator shall fix prices at levels sufficient to recover— (A) so far as practicable— (i) the piu-chase price; (ii) the transportation cost; (iii) inventory losses; (iv) the cost of personal services employed directly in the repair, rehabilitation, and conversion of personal property; and (v) the cost of amortization and repair of equipment used for lease or rent to executive agencies; and (B) properly allocable costs payable by the Fund under subsection (c)(1)(C). (3) TIMING OF PAYMENTS. — (A) PAYMENT IN ADVANCE. — A requisitioning agency shall pay in advance when the Administrator determines that there is insufficient capital otherwise available in the Fund. Payment in advance may also be made under an agreement between a requisitioning agency and the Administrator. (B) PROMPT REIMBURSEMENT. —I f payment is not made in advance, the Administration shall be reimbursed promptly out of amounts of the requisitioning agency in accordance with accounting procedures approved by the Comptroller General. ' (C) FAILURE TO MAKE PROMPT REIMBURSEMENT.—The Administrator may obtain reimbursement by the issuance of transfer and counterwarrants, or other lawful transfer documents, supported by itemized invoices, if payment is not made by a requisitioning agency within 45 days after the later of— (i) the date of billing by the Administrator; or (ii) the date on which actual liability for personal property or services is incurred by the Administrator.

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