Cost analysis (11 - 20 of 731 items)
Presidential Helicopter: Program Progressing Largely as Planned
GAO-16-395: Published: Apr 14, 2016. Publicly Released: Apr 14, 2016.
Since 2014, the VH-92A presidential helicopter program has generally progressed as planned. Through November 2015, the contractor accomplished approximately $239.0 million (22 percent) in development work—leaving about $863.9 million (78 percent) in estimated work over the next 5 years. As of December 2015, the prime contractor had accomplished nearly all of the expected developmental tasks at o...
Homeland Security Acquisitions: DHS Has Strengthened Management, but Execution and Affordability Concerns Endure
GAO-16-338SP: Published: Mar 31, 2016. Publicly Released: Mar 31, 2016.
During 2015, 11 of the 25 Department of Homeland Security (DHS) programs GAO reviewed remained on track to meet their current schedule and cost goals. Eight programs experienced schedule slips, cost growth, or both, including 5 programs with life-cycle cost estimates that increased by a total of 18 percent. For the remaining six programs, DHS leadership had not approved baselines establishing thei...
Financial Audit: U.S. Government's Fiscal Years 2015 and 2014 Consolidated Financial Statements
GAO-16-357R: Published: Feb 25, 2016. Publicly Released: Feb 25, 2016.
To operate as effectively and efficiently as possible and to make difficult decisions to address the federal government’s fiscal challenges, Congress, the administration, and federal managers must have ready access to reliable and complete financial and performance information—both for individual federal entities and for the federal government as a whole. Overall, significant progress has been...
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...
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...
Federal Real Property: GSA Could Decrease Leasing Costs by Encouraging Competition and Reducing Unneeded Fees
GAO-16-188: Published: Jan 13, 2016. Publicly Released: Jan 13, 2016.
GAO found that the General Services Administration's (GSA) lease rates exceeded comparable market rates for many of 714 leases reviewed. Specifically, a review of these leases from 2008 through 2014 determined that about half exceeded their local market's average private sector rate for similar space by 10 percent or more. According to officials from all 11 GSA regions and private sector stakehold...
2020 Census: Progress Report on Using Administrative Records to Control Enumeration Costs
GAO-16-206T: Published: Nov 3, 2015. Publicly Released: Nov 3, 2015.
The U.S. Census Bureau (Bureau) estimates that it can save around $1.4 billion using administrative records, compared to relying solely on traditional enumeration methods. While the Bureau has made some limited use of administrative records during past decennials, it plans to use them much more extensively in 2020 to achieve these savings.For example, the Bureau plans to use administrative records...
Capitol Power Plant: Architect of the Capitol Should Update Its Long-term Energy Plan before Committing to Major Energy Projects
GAO-15-436: Published: Sep 3, 2015. Publicly Released: Sep 3, 2015.
The Architect of the Capitol (AOC) implemented many measures since 2008 to manage the energy-related costs of the Capitol Complex (the complex) and has opportunities to further manage these costs. AOC updated some of the Capitol Power Plant's (CPP's) production and distribution systems to reduce energy use and increase efficiency. AOC also implemented measures to reduce energy consumption in the c...
U.S. Savings Bonds: Future of Offering Paper Savings Bonds at Tax Time Is Uncertain, and Lower-Income Households Continue to Face Savings Challenges
GAO-15-563: Published: Jul 16, 2015. Publicly Released: Aug 17, 2015.
The Department of the Treasury's (Treasury) elimination of paper savings bonds made buying bonds more difficult for some customers, but GAO's analyses generally indicated that the decline in bond purchases after the change was not statistically significant. Treasury eliminated paper savings bonds in January 2012, after a long-term decline in savings bond purchases. It estimated the change would sa...
Federal Supply Schedules: More Attention Needed to Competition and Prices
GAO-15-590: Published: Jul 9, 2015. Publicly Released: Aug 10, 2015.
According to the General Services Administration (GSA), total sales through the Federal Supply Schedules (FSS) program in fiscal year 2014 were $33.1 billion. This includes purchases by federal, state, and local agencies, including federal intelligence agencies which do not report their FSS spending publicly. GAO's analysis of publicly reported federal procurement data shows that federal use of th...