Page:United States Statutes at Large Volume 90 Part 1.djvu/1187

 PUBLIC LAW 94-385—AUG. 14, 1976

90 STAT. 1137

"(2) Any request for appropriations for the Federal Energy Administration submitted to the Congress shall identify the portion of such request intended for the support of the Office, and a statement of the differences, if any, between the amounts requested and the Director's assessment of the budgetary needs of the Office. ((ANALYTICAL

CAPABILITY

"SEC. 54. (a) The Director shall establish and maintain the scien- 15 USC 790c. tific, engineering, statistical, or other technical capability to perform analysis of energy information to— "(1) verify the accuracy of items of energy information submitted to the Director; and "(2) insure the coordination and comparability of the energy information in possession of the Office and other Federal agencies. "(b) The Director shall establish and maintain the professional and analytic capability to evaluate independently the adequacy and comprehensiveness of the energy information in possession of the Office and other agencies of the Federal Government in relation to the • purposes of this Act and for the performance of the analyses described in section 52 of this Act. Such analytic capability shall include— Ante, p. 1135. " (1) expertise in economics, finance, and accounting; "(2) the capability to evaluate estimates of reserves of mineral fuels and nonmineral energy resources utilizing alternative methodologies; "(3) the development and evaluation of energy flow and accounting models describing the production, distribution, and consumption of energy by the various sectors of the economy and lines of commerce in the energy industry; i "(4) the development and evaluation of alternative forecasting models describing the short- and long-term relationships between energy supply and consumption and appropriate variables; and "(5) such other capabilities as the Director deems necessary to achieve the purposes of this Act. a PROFESSIONAL AUDIT REVIEW OF PERFORMANCE OF OFFICE

"SEC. 55. (a) The procedures and methodology of the Office shall be subject to a thorough annual performance audit review. Such review shall be conducted by a Professional Audit Review Team which shall prepare a report describing its investigation and reporting its findings to the President and to the Congress. "(b) The Professional Audit Review Team shall consist of at least seven professionally qualified persons who shall be officers or employees of the United States and of whom at least— "one shall be designated by the Chairman of the Council of Economic Advisers; "one shall be designated by the Commissioner of Labor Statistics; "one shall be designated by the Administrator of Social and Economic Statistics; "one shall be desi^ated by the Chairman of the Securities and Exchange Commission; "one snail be designated by the Chairman of the Federal Trade Commission; "one shall be designated by the Chairman of the Federal Power Commission; and "one, who shall be the Chairman of the Professional Audit

15 USC 790cl. Report to President and Congress,

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