The Administrator is hereby authorized to render all the services offered by the Administration to any government agency that requests them, and to charge for such services.
Income derived from said activities shall be covered into the “Industrial Capital Fund of the General Services Administration” of the Treasury Department, to be reinvested in rendering more services through possible expansions, replacement of machinery, equipment, and other incidentals.
Any budgetary item, fund, reserve or appropriation of any government agency, covered by the provisions of this chapter, set aside to be used for the acquisition of services provided by the programs under the Industrial Capital Fund of the General Services Administration, may be transferred by the Governor to the Administration.
Every government agency is hereby authorized at the beginning of each fiscal year, or on any date during the course of same, to advance to the Administration, in whole or in part, the estimated cost of the materials or services that will be purchased or received by them during such period, subject to its discretion and judgment in behalf of the public interest. The purchases of materials, as well as the contracting of services, shall be subject to the needs and actual means of each government agency. The requisitions for materials and services shall be charged to the sums that the latter may have advanced. At the end of the year, the corresponding readjustments, disbursements or refunds shall be made.
History —July 23, 1974, No. 164, Part 1, p. 752, § 26; June 13, 1977, No. 64, p. 132, § 1.