CAN ORIGINATE IN UNITED STATES The Center will also handle investment proposals originating with a U.S. firm. An Investment Survey Request outlining the type of operation it is looking for will go to the affiliated agency for each country in which the U.S. firm has indicated an interest. The $250 processing fee will be charged for each country addressed and forwarded to the Latin American affiliate. Potential investors will also be briefed on all of the business assistance programs furnished by AID's newly-organized Office of Private Resources. One final function: the Center will be aware of so many projects and proposed projects, that it can warn U.S. investors away from questionable undertakings. For instance, says Goderez, "there are so many proposals for production of tomato paste in Latin America for export to the United States, that we would definitely discourage any further projects of this nature." The Center is expected to be self-sustaining in three-to-five years, when the finder's fees start coming through in enough volume to support the operation. Until then it will be funded by the $250 processing fees, early returns from finders fees," and a seed capital grant from AID. "We are aiming at $50-$100 invested for every dollar of outlay by the Center," says Goderez. "Operation Bootstrap in Puerto Rico got a 28:1 ratio, and Ecuador's development organization, CÊNDES, has promoted at a rate of 44:1 since its founding four years ago. We can profit by their successes and mistakes, and the multi-national basis of the Center gives it a great deal more flexibility than operations which are confined to a single country. Simply because we'll have more strings in our bow, we should get better results.' Write: Inter-American Investment Development Center, 845 Third Ave, New York, N.Y. ATTACHMENT 4 AGENCY FOR INTERNATIONAL DEVELOPMENT-OFFICE OF PRIVATE RESOURCES SPECIFIC RISK INSURANCE DIVISION, WASHINGTON, D.C. COUNTRIES OR AREAS WITH INVESTMENT GUARANTY AGREEMENTS-OCT. 10, 1967 1 (Availability of investment insurance subject to change without notice. The following countries are those with which the United States has executed the necessary documents for an investment insurance program. Changing economic and political situations may affect availability of insurance and, therefore, no commitments should be made as to available coverage on basis of this list without contacting the Investment Insurance Division.) 1 Changes from July 22, 1967 list: Agreement signed with Swaziland on Sept. 29 for the full range of insurance. Upper Volta Uganda. Venezuela. Yugoslavia 3 Sierra Leone.. Singapore Rwanda. Sierra Leone. Rwanda. Trinidad-Tobago. Uganda. United Arab Republic (Egypt). United Arab Republic (Egypt). United Arab Republic (Egypt). United Arab Republic Uruguay 2 Vietnam (Egypt). Vietnam. Zambia. Sudan Swaziland Tanzania. Thailand. Togo Trinidad-Tobago. Tunisia. Turkey.. Uganda. Upper Volta. Vietnam. Venezuela Zambia 1 Includes only insurance against loss due to damage from war. Although applications will be accepted, guarantees cannot be processed until agreement is ratified by country's legislative body and in force. a Restricted availability. Note: The listed countries are those with which the United States has executed the necessary documents for an investment insurance program. Changing economic and political situations may affect availability of insurance and, therefore, no commitments should be made as to available coverage on basis of this list without contacting the Insurance Division. Although economically developed countries are excluded from the Investment Insurance Program, insurance may be available for some of the underdeveloped dependencies of Denmark, France, Netherlands, Norway, Spain, and United Kingdom. 84-790-68-30 DEPARTMENT OF AGRICULTURE (The subcommittee's request for information follows:) Hon. ORVILLE L. FREEMAN, HOUSE OF REPRESENTATIVES, DEAR MR. SECRETARY: The Procurement Subcommittee of the House Select Committee on Small Business is conducting a study of the small business procurement policies, practices and programs of Federal departments and agencies. In connection with this study, it will be appreciated if you would furnish the following: 1. Statistical report showing small business participation by dollars and percent in the department's advertised, negotiated and set-aside procurements over $100 during fiscal years 1964-67. 2. Description by type of requirements procured and the relative dollar value of each category. 3. Statements of policies applied and methods utilized to develop and encourage small business participation in the department's procurements. A response and your comments in 12 copies by October 31 will be appreciated. Sincerely yours, (The response follows:) ABRAHAM J. MULTER, Chairman, Procurement Subcommittee. U.S. DEPARTMENT OF AGRICULTURE, OFFICE OF THE SECRETARY, Hon. ABRAHAM J. MULTER, Dear MR. MULTER: This is in reference to your letter of October 9, 1967. 1. Statistical report showing small business participation by dollars and percent in the department's advertised, negotiated and set-aside procurements over $100 during fiscal years 1964-67 (excluded are procurements made from contracts executed by other agencies). (460) 2. Description by type of requirements procured and the relative dollar value of each category. Our records are not maintained by categories and to check all procurements made during fiscal years 1964–1967 would be very burdensome and time consuming. Our very best estimate is: Construction contracts for roads, trails, dams and buildings amount to about 41%, with all other types amounting to 59%. 3. Statements of policies applied and methods utilized to develop and encourage small business participation in the department's procurements. The Federal Procurement Regulations System has been supplemented and augmented by Agriculture Procurement Regulations which are published in Chapter 4, Title 41 of the Code of Federal Regulations. Thus, they are readily available to all business concerns, both small and large alike. Several actions have been taken by the Department to encourage participation by small business in our procurements. A pamphlet, "Selling to U.S.D.A.", has been prepared (copy enclosed).1 It describes the items procured and includes a directory or procurement offices. Thousands of these pamphlets have been provided, upon request, to small business concerns over the past few years. The Department has developed a simplified form for contracts covering supplies and services under $10,000. Ouly those provisions which are necessary for small contracts are included. The language has been written so that the provisions can be read in a shorter period of time and is more readily understood. All proposed procurements estimated to exceed $5,000 in value are publicized in the "Commerce Business Daily". Agriculture procurement officers throughout the nation provide business information services for interested businessmen. Counsel rendered ranges from the details on how to get on bidder's lists and what forms to use, to how and where to obtain information about current bidding opportunities. Our Washington office answers hundreds of inquiries annually, providing generalized information about the procurement programs of the Department. During last fiscal year, the Department of Agriculture was represented at fifteen Business Opportunity/Federal Procurement Conferences" which were held throughout the United States. One of the main purposes of these conferences is to assist small business concerns in locating additional Federal purchasing sources for their commodities within their general locality. If we may be of further service, please advise. Sincerely yours, 1 The pamphlet referred to may be found in the committee files. ELMER MOSTOW, Director. SELECT COMMITTEE ON SMALL BUSINESS, Hon. ORVILLE L. FREEMAN, Department of Agriculture, Washington, D.C. DEAR MR. SECRETARY: This is in further reference to the requests by our Procurement Subcommittee for statistical information regarding small business participation in Department of Agriculture procurements for fiscal years 19641967 and your Department's small business procurement policies, practices and programs. The information, as you may know, is being assembled in connection with the Subcommittee's hearings on the position of small business in Government procurement. Subcommittee counsel, I understand, informed a member of your staff that your Department's November 8, 1967 response did not include information regarding your Department's procurements under Section 6 and Section 32, School Lunch and Surplus Removal Programs, and Section 416, Commodity Credit Corporation purchases. Since the additional pertinent information is set forth in various submissions consisting of the enclosed draft letter, internal memorandum, and undated letter, we would like to have your advice by July 9, regarding the form in which you may prefer to have this material presented in the hearing record. It will be appreciated if you would, at the same time, furnish the Section 416 procurement information referred to in the undated letter. Sincerely yours, Hon. JAMES C. CORMAN, Chairman, Subcommittee on Government Procurement and Economic Concentration, House Select Committee on Small Business, Washington, D.C. DEAR MR. CORMAN: This is in reference to your letter of June 27, 1968, requesting information regarding the small business procurement program in this Department. You also requested our advice regarding the form in which we preferred to have this material presented in the hearing record. We suggest that the enclosed material, which reflects the small business procurement program in this Department, be presented in the hearing record as shown in the attached format. If you require further information, please advise. Sincerely yours, Enclosures. ELMER MOSTow, Director. STATEMENT OF SMALL BUSINESS POLICY AND ACTIVITIES, U.S. DEPARTMENT OF AGRICULTURE 1. Small business participation in the Department procurement activities. See Tables 1, 2, and 3, attached. 2. Description by type of requirements procured and the relative dollar value of each category. The meaningful categories for this Department are represented by the attached Tables 1, 2, and 3. 3. Statement of policies applied and methods utilized to develop and encourage small business participation in the Department's procurement. The Federal Procurement Regulations System has been supplemented and augmented by Agriculture Procurement Regulations which are published in Chapter 4, Title 41 of the Code of Federal Regulations. Thus, they are readily available to all business concerns, both small and large alike. Several actions have been taken by the Department to encourage participation by small business in our procurements. A pamphlet, "Selling to U.S.D.A.", has been prepared. It describes the items procured and includes a directory of procurement offices. Thousands of these pamphlets have been provided, upon request, to small business concerns over the past few years. |