PUBLIC LAW 106-65—OCT. 5, 1999 113 STAT. 737 requirements, the formation of the contract, the certification of contract performance, receiving and warehousing, accounting, and disbursing); and (F) use of progress payment allocation systems results in posting of payments to appropriation accounts consistent with section 1301 of title 31, United States Code. (2) Ensuring that the Defense Finance and Accounting Service has— (A) a single standard transaction general ledger that, at a minimum, uses double-entry bookkeeping and complies with the United States Government Standard General Ledger at the transaction level as required under section 803(a) of the Federal Financial Management Improvement Act of 1996 (31 U.S.C. 3512 note); (B) an integrated data base for finance and accounting functions; and (C) automated cost, performance, and other output measures. (3) Providing a single, consistent set of policies and procedures for financial transactions throughout the Department of Defense. (4) Ensuring compliance with applicable policies and procedures for financial transactions throughout the Department of Defense. (5) Reviewing safeguards for preservation of assets and verifying the existence of assets. (f) INTERNAL CONTROLS CHECKLIST. —The plan referred to in subsection (a) shall include an internal controls checklist, to be prescribed by the Under Secretary of Defense (Comptroller), which shall provide standards for use throughout the Department of Defense, together with a statement of the Department of Defense policy on use of the checklist throughout the Department. (g) SAFEGUARDING SENSITIVE INFORMATION. — TO the extent necessary to protect sensitive information, the Secretary of Defense may provide information required by subsections (b) and (c) in an annex that is available to Congress, but need not be made public. SEC. 1008. WAIVER AUTHORITY FOR REQUIREMENT THAT ELEC- TRONIC TRANSFER OF FUNDS BE USED FOR DEPART- MENT OF DEFENSE PAYMENTS. (a) AUTHORITY. — (1) Chapter 165 of title 10, United States Code, is amended by adding after section 2785, as added by section 933(a), the following new section: "§2786. Department of Defense payments by electronic transfers of funds: exercise of authority for waivers
- With respect to any Federal payment of funds covered by
section 3332(f) of title 31 (relating to electronic funds transfers) for which payment is made or authorized by the Department of Defense, the waiver authority provided in paragraph (2)(A)(i) of that section shall be exercised by the Secretary of Defense. The Secretary of Defense shall carry out the authority provided under the preceding sentence in consultation with the Secretary of the Treasury.".
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