Risk management (21 - 30 of 137 items)
Federal Contracting: Commercial Item Test Program Beneficial, but Actions Needed to Mitigate Potential Risks
GAO-14-178: Published: Feb 4, 2014. Publicly Released: Feb 4, 2014.
Federal agencies use the test program for a relatively small portion of all commercial items and services bought. In fiscal year 2011, of the $90 billion agencies obligated on new awards for commercial items and services, federal agencies obligated $1.9 billion or about 2 percent using the test program, based on data reported in the Federal Procurement Data System-Next Generation (FPDS-NG). Within...
Homeland Security: Federal Protective Service Continues to Face Challenges with Contract Guards and Risk Assessments at Federal Facilities
GAO-14-235T: Published: Dec 17, 2013. Publicly Released: Dec 17, 2013.
FPS faces challenges ensuring that contract guards have been properly trained and certified before being deployed to federal facilities around the country. In its September 2013 report, GAO found that providing active shooter response and screener training is a challenge for FPS. For example, according to officials at five guard companies, their contract guards have not received training on how to...
U.S. Currency: Coin Inventory Management Needs Better Performance Information
GAO-14-110: Published: Oct 28, 2013. Publicly Released: Nov 27, 2013.
In 2009, the Federal Reserve centralized coin management across the 12 Reserve Banks, established national inventory targets to track and measure the coin inventory, and in 2011 established a contract with armored carriers that store Reserve Bank coins in their facilities. However, according to Federal Reserve data, from 2008 to 2012, total annual Reserve Bank coin management costs increased by 69...
Financial Audit: U.S. Government's Fiscal Years 2012 and 2011 Consolidated Financial Statements
GAO-13-271R: Published: Jan 17, 2013. Publicly Released: Jan 17, 2013.
To operate as effectively and efficiently as possible and to make difficult decisions to address the federal governments fiscal challenges, Congress, the administration, and federal managers must have ready access to reliable and complete financial and performance informationboth for individual federal entities and for the federal government as a whole. Even though significant progress...
Managing Service Contracts: Recent Efforts to Address Associated Risks Can Be Further Enhanced
GAO-12-87: Published: Dec 7, 2011. Publicly Released: Jan 6, 2012.
From fiscal years 2005 through 2010, civilian agency obligations on contracts for professional and management support services increased 44 percent, from $22 billion to $32 billion (in 2010 dollars), more than twice the rate of increase for other services. For the five agencies GAO reviewedthe Departments of Homeland Security, Transportation, and Housing and Urban Development, the United Sta...
Federal Employees' Compensation Act: Preliminary Observations on Fraud-Prevention Controls
GAO-12-212T: Published: Nov 9, 2011. Publicly Released: Nov 9, 2011.
This testimony provides information on fraud-prevention controls for the Federal Employees' Compensation Act (FECA) program. According to the Department of Labor (Labor), in fiscal year 2010 about 251,000 federal and postal employees and their survivors received wage- loss compensation, medical and vocational rehabilitation services, and death benefits through FECA. Administered by Labor, the FECA...
Federal Bureau of Investigation: Actions Taken to Address Most Procurement Recommendations
GAO-11-794: Published: Sep 6, 2011. Publicly Released: Oct 6, 2011.
The FBI has spent over $900 million on the Trilogy and Sentinel information technology (IT) projects intended to provide FBI with an upgraded IT infrastructure and an automated case management system to support FBI agents and analysts. In February 2006 and July 2008, GAO reported on significant internal control weaknesses related to FBI's contract administration, processing of contractor invoices,...
Forest Service: Continued Work Needed to Address Persistent Management Challenges
GAO-11-423T: Published: Mar 10, 2011. Publicly Released: Mar 10, 2011.
The Forest Service, within the Department of Agriculture, manages over 190 million acres of national forest and grasslands. The agency is responsible for managing its lands for various purposes--including recreation, grazing, timber harvesting, and others--while ensuring that such activities do not impair the lands' long-term productivity. Numerous GAO reports examining different aspects of Forest...
Environmental Protection Agency: Major Management Challenges
GAO-11-422T: Published: Mar 2, 2011. Publicly Released: Mar 2, 2011.
The Environmental Protection Agency's (EPA) overarching mission is to protect human health and the environment by implementing and enforcing the laws intended to improve the quality of the nation's air, water, and lands. EPA's policies and programs affect virtually all segments of the economy, society, and government. As such, it operates in a highly complex and controversial regulatory arena. In...
GAO's 2011 High Risk Series: An Update
GAO-11-394T: Published: Feb 17, 2011. Publicly Released: Feb 17, 2011.
The federal government is the world's largest and most complex entity, with about $3.5 trillion in outlays in fiscal year 2010 funding a broad array of programs and operations. GAO maintains a program to focus attention on government operations that it identifies as high risk due to their greater vulnerabilities to fraud, waste, abuse, and mismanagement or the need for transformation to address ec...