Cost analysis (11 - 20 of 548 items)
Grants Management: Programs at HHS and HUD Collect Administrative Cost Information but Differences in Cost Caps and Definitions Create Challenges
GAO-15-118: Published: Dec 12, 2014. Publicly Released: Dec 12, 2014.
All six of the grant programs GAO reviewed had mechanisms in place to capture the administrative costs charged to their grant programs, either via a computerized system or paper reporting. All the programs reported that they reviewed their grantees' costs for appropriateness. Two of the programs make administrative cost data available online. The programs GAO reviewed track administrative costs in...
F-35 Sustainment: Need for Affordable Strategy, Greater Attention to Risks, and Improved Cost Estimates
GAO-14-778: Published: Sep 23, 2014. Publicly Released: Sep 23, 2014.
The Department of Defense (DOD) currently has or is developing several plans and analyses that will make up its overall F-35 sustainment strategy, which is expected to be complete in fiscal year 2019. The annual F-35 operating and support (O&S) costs are estimated to be considerably higher than the combined annual costs of several legacy aircraft (see fig.). DOD has begun some cost-savings efforts...
Debt Management: Floating Rate Notes Can Help Treasury Meet Borrowing Goals, but Additional Actions Are Needed to Help Manage Risk
GAO-14-535: Published: Jun 16, 2014. Publicly Released: Jun 23, 2014.
Issuing floating rate notes (FRN) is likely to help the Department of the Treasury (Treasury) meet its goals to borrow at the lowest cost over time, extend the average maturity of the debt portfolio, and increase demand for Treasury securities, but it also presents risks related to changes in interest rates.GAO simulated the costs of 2-year Treasury FRNs using historical Treasury auction data and...
Debt Management: Survey of Investors in Treasury Securities (GAO-14-562SP, June 16, 2014), an E-supplement to GAO-14-535
GAO-14-562SP: Published: Jun 16, 2014. Publicly Released: Jun 23, 2014.
This e-supplement is a companion to our report entitled, "DEBT MANAGEMENT: Floating Rate Notes Can Help Treasury Meet Borrowing Goals, but Additional Actions Are Needed to Help Manage Risk," GAO-14-535. The purpose of this e-supplement is to provide information from a survey of the largest domestic investors in U.S. treasuries. The survey was used to gather information on overall demand for Treasu...
Architect of the Capitol: Incorporating All Leading Practices Could Improve Accuracy and Credibility of Projects' Cost Estimates
GAO-14-333: Published: Mar 25, 2014. Publicly Released: Mar 25, 2014.
GAO's Cost Estimating and Assessment Guide (Cost Guide) defines 12 leading practices that are associated with four characteristics—comprehensive, well documented, accurate , and credible —that are important to developing high-quality, reliable project-cost estimates. Using the Cost Guide , GAO determined that the Architect of the Capitol's (AOC) cost-estimating guidance conforms to lead...
Plutonium Disposition Program: DOE Needs to Analyze the Root Causes of Cost Increases and Develop Better Cost Estimates
GAO-14-231: Published: Feb 13, 2014. Publicly Released: Feb 13, 2014.
The Department of Energy's (DOE) National Nuclear Security Administration (NNSA) identified various drivers for the close to $3 billion increase in the estimated cost of the Plutonium Disposition program's two construction projects—the Mixed Oxide (MOX) Fuel Fabrication Facility and the Waste Solidification Building (WSB). These drivers included DOE's approval of the MOX facility's cost and sche...
Modernizing the Nuclear Security Enterprise: NNSA's Budget Estimates Do Not Fully Align with Plans
GAO-14-45: Published: Dec 11, 2013. Publicly Released: Dec 11, 2013.
The National Nuclear Security Administration's (NNSA) total budget estimates for modernizing the nuclear security enterprise for fiscal years 2014 through 2031 have increased by about $19 billion overall when compared with the estimates in the agency's fiscal year 2012 budget materials, with most of the increase occurring in fiscal year 2019 and beyond. Factors such as sequestration, the achievabi...
Bureau of Prisons: Opportunities Exist to Enhance the Transparency of Annual Budget Justifications
GAO-14-121: Published: Dec 6, 2013. Publicly Released: Dec 6, 2013.
The largest account in the Department of Justice's (DOJ) Bureau of Prisons (BOP) budget justification--its Salaries and Expenses (S&E) account-- is composed mainly of costs associated with Inmate Care and Programs and Institution Security and Administration, both of which have grown steadily since 2008. This growth is due predominantly to increases in prison populations, which are the primary cost...
National Laboratories: DOE Needs to Improve Oversight of Work Performed for Non-DOE Entities
GAO-14-78: Published: Oct 25, 2013. Publicly Released: Nov 25, 2013.
In fiscal years 2008 through 2012, the Department of Energy (DOE) performed about $2 billion annually of Work for Others (WFO) projects, as measured by the costs incurred. Although the amount of WFO performed has remained relatively constant over the last 5 years overall, WFO as a percentage of the total work performed at the laboratories--measured in total laboratory costs incurred--has declined...
Ford-Class Carriers: Lead Ship Testing and Reliability Shortfalls Will Limit Initial Fleet Capabilities
GAO-13-396: Published: Sep 5, 2013. Publicly Released: Sep 5, 2013.
The Navy faces technical, design, and construction challenges to completing Gerald R. Ford (CVN 78) that have led to significant cost increases and reduced the likelihood that a fully functional ship will be delivered on time. The Navy has achieved mixed progress to date developing CVN 78's critical technologies, such as a system intended to more effectively launch aircraft from the ship. In an ef...