New
Financial
Services
Maintenance
Year
Minor
Defence Cost
Works
Agreement
Capital Works
Reim-bursable
Total
$
$
$
$
$
1967-68
1968-69
1969-70
6,862,501
433,910
1,124,900
362,166
8,783,477
8,877,627
1,109,579
5,058,047
466,629
15,511,882
18,317,620
9,923,975
1,223,770
3,222,112
3,947,763
Year New Financial Services Maintenance Minor Defence Cost Works Agreement Capital Works Reim-bursable Total $ $ $ $ $ $ $ $ $ 1967-68 6,862,501 433,910 1,124,900 362,166 8,783,477 1968-69 8,877,627 1,109,579 5,058,047 466,629 15,511,882 1969-70 18,317,620 9,923,975 1,223,770 3,222,112 3,947,763P.W.D. Contractors
2.30. Reference has been made in recent annual reports to the financial difficulties of some P.W.D. contractors. During the year under review six contracts were re-entered because the contractors concerned were in serious financial difficulty.
2.31. These cases gave further grounds for considering the financial capability of contractors to undertake Government contracts. There now exists a procedure for examining the audited accounts for P.W.D. contractors and if it is established that the contractor does not have resources sufficient to carry out government contracts, appropriate action is taken. This action can take one of several forms e.g. re-grading of the contractor; suspension from tendering or limiting the volume of contract work to a level which the contractor has the financial capability to undertake.
Accounting Services
2.32. The department's annual report for the past two years has made reference to a re-organization of accounting services. The recommendations submitted to the Colonial Secretariat towards the end of last financial year, sought substantial increases in accounting staff.
2.33. Following consideration of these recommendations, it was decided in consultation with the Accountant General, that before implementing the re-organization proposals in full, a detailed study of systems and procedures in each sub-department covered by the Senior Treasury Accountant's report is required.
2.34. Approval was accordingly obtained to create an additional post of Treasury Accountant to enable this study to be carried out, the post was filled in December 1969 and the incumbent had, by the end of the year covered by this report, completed an investigation into the Crown Lands and Survey Office.
2.35. It has been recognized for some time, that in order to measure workshop efficiency and to assess the economics of Government
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