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Independent Agencies (151 - 160 of 10,035 items)
Banking: Federal Agencies' Compliance with Section 302 of the Riegle Community Development and Regulatory Improvement Act
GAO-16-213R: Published: Jan 27, 2016. Publicly Released: Jan 27, 2016.
Section 302 of the Riegle Community Development and Regulatory Improvement Act of 1994 (Riegle Act) requires federal banking agencies to consider administrative burdens and benefits when determining the effective date and administrative compliance requirements for certain new rules. The federal banking agencies are the Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the F...
Small Business Investment Companies: Characteristics and Investment Performance of Single and Multiple Licensees
GAO-16-107: Published: Jan 27, 2016. Publicly Released: Jan 27, 2016.
Small Business Investment Companies (SBIC) managed by entities holding multiple licenses controlled most Small Business Administration (SBA) leverage and shared similar characteristics with entities holding a single license. At the end of fiscal year 2014, multiple licensees controlled $5.2 billion of the $7 billion (about 74 percent) in outstanding debenture SBA leverage, compared to 2005, when t...
Water Infrastructure: EPA and USDA Are Helping Small Water Utilities with Asset Management; Opportunities Exist to Better Track Results
GAO-16-237: Published: Jan 27, 2016. Publicly Released: Jan 27, 2016.
The small water utilities GAO reviewed in 10 selected states are implementing some asset management practices, although state officials said that large water utilities are more likely to implement asset management than small utilities. The asset management practices these small utilities used include identifying key assets, such as pipelines, treatment plants, and other facilities, and assessing t...
U.S. Postal Service: Financial Challenges Continue
GAO-16-268T: Published: Jan 21, 2016. Publicly Released: Jan 21, 2016.
The U.S. Postal Service's (USPS) financial condition continues to deteriorate as a result of trends including:Declining mail volume : First-Class Mail—USPS's most profitable product—continues to decline in volume as communications and payments migrate to electronic alternatives. USPS expects this decline to continue for the foreseeable future.Growing expenses: Key USPS expenses continue to gro...
Foreign Assistance: USAID Venture Capital Approach Relies on Evidence of Results but Could Strengthen Collaboration among Similar Programs
GAO-16-142: Published: Dec 21, 2015. Publicly Released: Jan 20, 2016.
From fiscal years 2010 to 2015, the U.S. Agency for International Development's (USAID) Development Innovation Ventures (DIV) program obligated approximately $72.5 million for innovation projects to reduce poverty across a range of sectors, including energy, health, and education. In India, for example, DIV funded intensive learning camps that group children by reading and math abilities rather th...
Homeland Security: FPS and GSA Should Strengthen Collaboration to Enhance Facility Security
GAO-16-135: Published: Dec 16, 2015. Publicly Released: Jan 15, 2016.
The Federal Protective Service (FPS), within the Department of Homeland Security (DHS), and the General Services Administration (GSA) have taken some steps to improve collaboration, such as drafting a joint strategy. While each agency has some individual policies for collaboration, the two agencies have made limited progress in agreeing on several key practices as described below. Reaching agreeme...
Federally Leased Vehicles: Agencies Should Strengthen Assessment Processes to Reduce Underutilized Vehicles
GAO-16-136: Published: Jan 14, 2016. Publicly Released: Jan 14, 2016.
The General Services Administration (GSA) provides guidance to agencies to assist them in reducing underutilized leased vehicles. This guidance can be written (such as bulletins) or advice from GSA's fleet service representatives (FSR) to agency fleet managers. FSRs assist agencies with leasing issues, and GSA expects its FSRs to communicate with fleet managers about vehicle utilization at least a...
Overseas Private Investment Corporation: Additional Actions Could Improve Monitoring Processes
GAO-16-64: Published: Dec 11, 2015. Publicly Released: Jan 11, 2016.
The Overseas Private Investment Corporation (OPIC) provides loans, loan guarantees, and political risk insurance to private entities to support development in over 150 countries. In fiscal years 2008 through 2014, OPIC made 718 commitments worldwide valued at about $20 billion. OPIC committed the majority of this financing support to projects in Latin America and the Caribbean and in Sub-Saharan A...
Federal Acquisitions: Use of 'Other Transaction' Agreements Limited and Mostly for Research and Development Activities
GAO-16-209: Published: Jan 7, 2016. Publicly Released: Jan 7, 2016.
Congress has authorized 11 federal agencies to use other transaction agreements—which generally do not follow a standard format or include terms and conditions required in traditional mechanisms, such as contracts or grants—to help meet project requirements and mission needs. The National Aeronautics and Space Administration (NASA) first received this authority in 1958. Over the next several d...
Amtrak: Better Reporting, Planning, and Improved Financial Information Could Enhance Decision Making
GAO-16-67: Published: Jan 6, 2016. Publicly Released: Jan 6, 2016.
Amtrak's 2012 reorganization into Northeast Corridor, state-supported, and long-distance business lines established a structure to improve accountability for performance, but Amtrak could do more to accurately demonstrate its results. Most notably, Amtrak's new strategic management system as implemented by its long-distance line of business reflects several leading performance-management practices...