; 135 Stat. 533), to carry out the duties of the Committee. (11) Contracts The Committee may enter into contracts to enable the Committee to discharge its duties, including contracts and other arrangements for audits, studies, analyses, and other services with public agencies and with private persons, and make such payments as may be necessary to carry out the duties of the Committee. (12) Subcommittees The Committee may establish subcommittees to facilitate the ability of the Committee to discharge its duties. (13) Transfer of funds, assets, and obligations (A) Funds The Committee may transfer funds appropriated to the Committee— (i) for expenses to support administrative support services and audits, reviews, or other activities related to oversight by the Committee of covered funds to any Office of the Inspector General or the General Services Administration; and (ii) to reimburse for services provided by the Council. (B) Assets and obligations (i) Assets defined In this subparagraph, the term assets includes contracts, agreements, facilities, property, data, records, unobligated or unexpended balances of appropriations, and other funds or resources (other than personnel). (ii) Transfer Upon the effective date of this subsection, the assets and obligations held by or available in connection with the Pandemic Response Accountability Committee established under 15010 of the CARES Act ( Public Law 116–136