INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [61 STAT. Sums withheld for expenses incurred in (1) In view of the fact that some purchases of materials and supplies u.S.A. will be made and other expenses will be incurred in the United States of America, the Minister and the Chief of Field Party may agree to withhold from the deposits to be made by the Institute an amount which is estimated to be necessary to pay for said purchases and expenses. Sums so withheld shall be considered as if deposited under nexpended bal- the terms of this agreement, but any balance of such funds not ex- pended or obligated shall be deposited to the account of the Servicio in the designated bank at any time when the Chief of Field Party and the Minister so agree. Administrative an- Th Servicio tonodmyiof the Se- (11) The Servicio shall enjoy administrative autonomy within the viclo. limits of this agreement, and shall have the right to make its own purchases and to execute its own contracts, in the same manner as at the present time. The deposit, expenditure, audit and accounting of funds in the Servicio account as well as the purchase, inventory, use and sale of all real and personal property for the account of the Servicio, and all other administrative matters, shall be regulated, con- trolled and conducted by and under such rules, regulations and pro- cedures as have been or shall be mutually agreed upon by the Minister and the Chief of Field Party. No funds shall be disbursed from Servi- cio bank accounts without the signature of the Director of the Servicio, or his delegate. coiurts oftepend- (12) The Director of the Servicio shall present to the Minister monthly itures, etc. or at such other intervals as the Minister may desire, a complete account of all its expenditures, financial transactions and obligations. The accounts and books of the Servicio shall be available for audit, whenever it is considered necessary, by either an appropriate agency of the Government of Colombia or by the Chief of Field Party or his delegate. Any such audit shall be conducted with reference to the standards, rules and procedures established by or pursuant to the terms of this agreement. resnormtion; prog- (13) The Director of the Servicio shall furnish the Minister any in- ress reports. formation which is desired concerning the Servicio or its activities. Monthly and at such other intervals as the Ministry may desire, the Director shall submit a report to the Minister regarding the progress of the work of the Servicio and its specific projects. conditions of emplioy (14) The Minister and the Director of the Servicio by mutual agree- ment. ment shall determine the positions, salaries, qualifications, and condi- tions of employment within the Servicio, all in accordance with the general policies previously agreed upon between the Minister and the Chief of Field Party of the Institute in Colombia. The Director of the Servicio shall select and discharge its employees but his determina- tion shall be subject to the approval of the Minister. The Ministry shall issue the appropriate resolutions. The Director of the Servicio shall also select and discharge the laborers of the Servicio. rcution 0 (15) All contracts and agreements relating to the administration of the Servicio and to the execution of projects previously agreed upon between the Minister and the Chief of Party, shall be executed in the name of the Servicio and by its Director, provided, however, 2888
�
