Cost analysis (1 - 10 of 731 items)
U.S. Postal Service: Key Considerations for Restoring Fiscal Sustainability
GAO-17-404T: Published: Feb 7, 2017. Publicly Released: Feb 7, 2017.
The U.S. Postal Service's (USPS) deteriorating financial condition is unsustainable 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 such as...
Presidential Travel: Estimated Costs for a Specific Presidential Trip to Illinois and Florida
GAO-17-24: Published: Oct 11, 2016. Publicly Released: Oct 26, 2016.
GAO estimated that the major costs incurred by the Department of Defense (DOD) and the Department of Homeland Security (DHS) for the President's travel to Chicago, Illinois, and Palm Beach, Florida, from February 15, 2013, through February 18, 2013, were about $3.6 million, of which about $2.8 million in costs were incurred by DOD and $0.77 million by DHS (specifically, the U.S. Coast Guard and U...
Federal Telework: Better Guidance Could Help Agencies Calculate Benefits and Costs
GAO-16-551: Published: Jul 15, 2016. Publicly Released: Aug 1, 2016.
Benefits associated with telework programs include continuity of operations and reduced employee absences, based on GAO's literature review and the experiences of six selected agencies. The benefits most frequently cited by the selected agencies—the Department of Transportation (DOT), Environmental Protection Agency (EPA), Federal Deposit Insurance Corporation (FDIC), General Services Administra...
DATA ACT: Improvements Needed in Reviewing Agency Implementation Plans and Monitoring Progress
GAO-16-698: Published: Jul 29, 2016. Publicly Released: Jul 29, 2016.
The Office of Management and Budget (OMB) and the Department of the Treasury (Treasury) have not designed and implemented controls or fully documented processes related to the review and use of agency implementation plans for the Digital Accountability and Transparency Act of 2014 (DATA Act). These controls and processes are to be used for reviewing agencies' implementation plans and monitoring ag...
Federal Travel: Opportunities Exist to Improve Data and Information Sharing
GAO-16-657: Published: Jul 21, 2016. Publicly Released: Jul 21, 2016.
The Departments of Agriculture, Defense, Homeland Security, Justice, State, and Veterans Affairs, the six federal agencies with the largest travel spending in fiscal year 2015, pursued a variety of cost-saving efforts that generally aligned with regulations and guidance issued in either Federal Travel Regulation (FTR) amendments or General Services Administration (GSA) travel bulletins from fiscal...
Credit Programs: Key Agencies Should Better Document Procedures for Estimating Subsidy Costs
GAO-16-269: Published: Jul 13, 2016. Publicly Released: Jul 13, 2016.
The Federal Credit Reform Act of 1990 requires agencies to estimate the cost to the government of extending or guaranteeing credit. This cost, referred to as subsidy cost, equals the net present value of estimated cash flows from the government (e.g., loan disbursements and claim payments to lenders) minus estimated cash flows to the government (e.g., loan repayments, interest payments, fees, and...
Federal Real Property: Leases with Purchase Options Are Infrequently Used but May Provide Benefits
GAO-16-536R: Published: Jun 21, 2016. Publicly Released: Jul 6, 2016.
In the early 1990s, scorekeeping rules on how federal agencies are to budget for leasing public buildings were adopted to ensure Congress and the General Services Administration (GSA) more clearly evaluated the full costs of acquiring a building at the time such decisions were made. These rules affected the treatment of lease-purchases—which include leases having a “discounted” purchase opti...
2020 Census: Census Bureau Needs to Improve Its Life-Cycle Cost Estimating Process
GAO-16-628: Published: Jun 30, 2016. Publicly Released: Jun 30, 2016.
Since 2012, the U.S. Census Bureau (Bureau) has taken significant steps to improve its capacity to carry out an effective cost estimate; however, its October 2015 cost estimate for the 2020 Census does not fully reflect characteristics of a high-quality estimate and cannot be considered reliable. To reflect these characteristics, an organization must meet or substantially meet four best practices...
Government Purchase Cards: Opportunities Exist to Leverage Buying Power
GAO-16-526: Published: May 19, 2016. Publicly Released: Jun 20, 2016.
The agencies in GAO's review—the Departments of Defense (DOD), Veterans Affairs (VA), the Interior (Interior), Homeland Security, and Energy (Energy), and the Environmental Protection Agency (EPA)—have made varied use of purchase card data, and additional opportunities exist to negotiate discounts and leverage buying power. As the chart below shows, spending with government purchase cards repr...
U.S. Postal Service: Continuing Financial Challenges and the Need for Postal Reform
GAO-16-651T: Published: May 11, 2016. Publicly Released: May 11, 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...