dec 09 •93 17:06 from tf subcomm ittee to 96282042 it. w … · 2017. 9. 23. · flaqe.003 s to...
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DEC 09 • 93 17: 06 FROM TF SUBCOMMITTEE TO 96282042 PAGE. 002
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1I.1t••oue of Ilt~tejmtatibd
(olllmittee on fnerlr anb ~om erte"om 2\25. l\Ipfnam loUt' euler liutl'i"..1.... n1t01I. IK 205tH'US
December 8, 1993
The Honorable Ar~hur Levitt, Jr.ChairmanSecurities and Exehange Commission450 Fifth street, N.W.Wash1~qton, D.C. 20549
Dear Chairman Levitt:
Pursuant to Rules X and XI ,o,t the Rules ot the U. S. House otRepresent·atives, and our continuing' oversigbt of aecuriti,es andexchanges, we ,are oonducting an inquiry into issues raised in thesecurities and Exchange cODUlllssion's EDGAR Status Report (J'une30, 1'993) which was received by the Committee on October ,8" 1993"and in press reports about National Science Foundation fundingfor a project to make the EDGAR databae& available on theqlobalInternet computer network.
The EDGAR sta~us report reveals that the start ot manaatoryelectronic tiling is approximately 25 months bebind the scheduleoriginally proposed by 80M Fed.eral, Inc. Moreover, the contrac~
conunitment ot $,70.6 mIllion is $19.1 million above the originalaward of $51.5 million for the e,ight-year contract. The eightyear EDGAR con,tract has a aeleqa,tion of procurement authorityfrom tne General Services Administration of $78.3 million, $7.7million above the currant contract commitment and $26.8 millionover the original contract award.
The appendix on technical issues does not address theexistence" if any, of a disaster recovery plan tor the EDGARsystem. Pl.ease include, such a report in the Oecember31 statusreport. We would also appreciate an evalua'tion of your costcontainment program.
Finally, I am enclosing a copy ot: my De,cember ,8, 19'93 letterto the National Science Foundation and asking you to respond tothe questions posed therein, as appropriate.
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FlAQE.003
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TO 96282042
I)[) ISS '
JOHN D. DINGELLCHAIRMAN
co: The Honorable Carlo. J. MoorheadThe Honorable Edward J. MarkeyThe Honorable Jack Fields
Inclo.ure.
The Honorable Arthur Levitt, Jr.The Honorable James J. DuderstadtPaqe 2
Thank you tor your cooperation and attention to thi. reque.t. Your re.pon.e by Friday, December 31, 1993 would beappreciated.
DEC 09 •93 17: 07 FROM TF 5UBC~I TTEE