Commerce (11 - 18 of 18 items)
Small Business: Low Participation in Set-Aside Program Expected for Sheltered Workshops
RCED-90-192: Published: Aug 6, 1990. Publicly Released: Sep 6, 1990.
Pursuant to a legislative requirement, GAO provided information on the impact of allowing sheltered workshops to compete for small business set-aside contracts.GAO found that: (1) data on sheltered workshops' participation in the set-aside program in fiscal year (FY) 1989 were not available; (2) the Office of Federal Procurement Policy (OFPP) received agencies' computer data, including information...
Telephone Communications: Controlling Cross-Subsidy Between Regulated and Competitive Services
RCED-88-34: Published: Oct 23, 1987. Publicly Released: Nov 10, 1987.
In response to a congressional request, GAO evaluated the Federal Communication Commission's (FCC) proposed implementation of accounting controls to prevent cross-subsidization between regulated and nonregulated telephone service in order to facilitate competition among telephone companies.GAO found that: (1) the FCC allocation process was inefficient because it impeded companies from offering new...
Small Business Act: Energy's Disadvantaged Business Advocate Not Reporting to Proper Management Level
GGD-87-69: Published: May 26, 1987. Publicly Released: May 26, 1987.
Pursuant to a congressional request, GAO reviewed the Department of Energy's (DOE) compliance with section 15 of the Small Business Act, which requires that the Director, Office of Small and Disadvantaged Business Utilization (OSDBU), be responsible only to and report directly to the agency head or deputy.GAO found that, although OSDBU reported directly to the agency head, it did not comply with t...
SBA's Certified Lenders Program Falls Short of Expectations
RCED-83-99: Published: Jun 7, 1983. Publicly Released: Jun 7, 1983.
GAO evaluated the effectiveness of the Small Business Administration's (SBA) efforts to streamline its loan delivery system by involving private lenders in the credit check process through the Certified Lenders Program (CLP). GAO also commented on whether SBA experience under the CLP warranted further delegation of authority to lenders under the Preferred Lenders Program (PLP).GAO stated that SBA...
SBA's 7(a) Loan Guarantee Program: An Assessment of Its Role in the Financial Market
RCED-83-96: Published: Apr 25, 1983. Publicly Released: Apr 25, 1983.
GAO reviewed the role of the Small Business Administration's (SBA) 7(a) Loan Guarantee Program in assisting small businesses.GAO sent questionnaires to lenders participating in the program to determine what role the SBA guarantee plays in their small business lending practices. GAO found that the SBA guarantee is an important factor in a bank's decision to lend to new businesses and businesses wit...
Additional Efforts Are Needed To Minimize Lease Guarantee Losses
CED-82-57: Published: Apr 6, 1982. Publicly Released: Apr 6, 1982.
GAO evaluated the Small Business Administration's (SBA) efforts to minimize losses of lease guarantee defaults.GAO found that, for the majority of default cases, lease guarantee losses are minimized through re-rentals or settlements. However, the SBA efforts to manage some lease guarantee defaults have not been adequate to assure that its losses are minimized. SBA standard operating procedures req...
Small Business Administration Franchise Loans: Risk of Loss Can Be Reduced and Program Effectiveness Improved
CED-80-47: Published: Apr 11, 1980. Publicly Released: Oct 27, 1980.
A review was undertaken of the Small Business Administration's (SBA) franchise loan policies and practices. As of April 1979, SBA had made or guaranteed about 16,400 loans totaling about $1 billion to franchise businesses. However, as of September 1978, the risk of loss by SBA on franchise loans was about $548 million. Moreover, most of SBA franchise business loans have been made under its princip...
The Surety Bond Guarantee Program: Significant Changes Are Needed in its Management
CED-80-34: Published: Dec 27, 1979. Publicly Released: Feb 11, 1980.
The Surety Bond Guarantee Program of the Small Business Administration (SBA) was established to guarantee up to 90 percent of a surety company's losses on bonds issued to small businesses which could not obtain bonding without the guarantee. From its inception in 1971, the program guaranteed more than 91,000 contracts totaling $6.3 billion. GAO evaluated the management of the program.SBA has not m...