Financial management (21 - 30 of 115 items)
Recovery Act: Officials' Views Vary on Impacts of Davis-Bacon Act Prevailing Wage Provision
GAO-10-421: Published: Feb 24, 2010. Publicly Released: Mar 24, 2010.
The American Recovery and Reinvestment Act of 2009 (Recovery Act) has the broad purpose of stimulating the economy. It includes substantial appropriations for construction projects that, under the act's prevailing wage provision, are subject to Davis-Bacon Act requirements. That is, contractors must pay laborers and mechanics who work on those projects at least the prevailing wage rates set for th...
Recovery Act: States' Use of Highway and Transit Funds and Efforts to Meet the Act's Requirements
GAO-10-312T: Published: Dec 10, 2009. Publicly Released: Dec 10, 2009.
The American Recovery and Reinvestment Act of 2009 (Recovery Act) included more than $48 billion for the Department of Transportation's (DOT) investment in transportation infrastructure, including highways, rail, and transit. This testimony--based on Government Accountability Office (GAO) report GAO-10-231, issued on December 10, 2009, in response to a mandate under the Recovery Act--addresses (1)...
Recovery Act: Status of States' and Localities' Use of Funds and Efforts to Ensure Accountability
GAO-10-231: Published: Dec 10, 2009. Publicly Released: Dec 10, 2009.
This report is the fourth in a series responding to a mandate under the American Recovery and Reinvestment Act of 2009 (Recovery Act). As of November 27, 2009, $69.1 billion, or about one quarter of the approximately $280 billion of total Recovery Act funds for programs administered by states and localities, had been paid out. The largest programs were the Medicaid Federal Medical Assistance Perce...
Recovery Act: Status of States' and Localities' Use of Funds and Efforts to Ensure Accountability, an E-supplement to GAO-10-231 (Appendixes)
GAO-10-232SP: Published: Dec 10, 2009. Publicly Released: Dec 10, 2009.
This supplementary report to GAO-10-231 provides individual state appendixes for 16 states and the District of Columbia for GAO's work on the fourth of its bimonthly reviews of the American Recovery and Reinvestment Act (Recovery Act). GAO's work focused on nine federal programs that are estimated to account for approximately 87 percent of federal Recovery Act outlays in fiscal year 2009 for progr...
Recovery Act: States' and Localities' Current and Planned Uses of Funds While Facing Fiscal Stresses (Appendixes)
GAO-09-830SP: Published: Jul 8, 2009. Publicly Released: Jul 8, 2009.
This supplementary report to GAO-09-829 provides individual state appendixes for 16 states and the District of Columbia for GAO's work on the second of its bimonthly reviews of the American Recovery and Reinvestment Act (Recovery Act). GAO's work focused on nine federal programs that are estimated to account for approximately 87 percent of federal Recovery Act outlays in fiscal year 2009 for progr...
Joint Strike Fighter: Accelerating Procurement before Completing Development Increases the Government's Financial Risk
GAO-09-303: Published: Mar 12, 2009. Publicly Released: Mar 12, 2009.
The Joint Strike Fighter (JSF) is the Department of Defense's (DOD) most complex and ambitious aircraft acquisition, seeking to simultaneously produce and field three different versions of the aircraft for the Air Force, Navy, Marine Corps, and eight international partners. The total investment required now exceeds $1 trillion--more than $300 billion to acquire 2,456 aircraft and $760 billion in l...
DOD's High Risk Areas: Actions Needed to Reduce Vulnerabilities and Improve Business Outcomes
GAO-09-460T: Published: Mar 12, 2009. Publicly Released: Mar 12, 2009.
The Department of Defense (DOD) spends billions of dollars to sustain key business operations intended to support the warfighter. In January, GAO released its 2009 high-risk series update report for the 111th Congress. This series emphasizes federal programs and operations that are at high risk because of vulnerabilities to fraud, waste, abuse, and mismanagement and has also evolved to draw attent...
Confirmation of Political Appointees: Eliciting Nominees' Views on Management Challenges within Agencies and across Government
GAO-09-194: Published: Nov 17, 2008. Publicly Released: Nov 24, 2008.
While some progress has been made in recent years, agencies urgently need to strengthen basic management capabilities to successfully address current and emerging demands. The incoming administration will face challenges in implementing its policy and program agendas because of shortcomings in agencies' management capabilities. Building and developing the institutional capacity to meet these chall...
Pension Benefit Guaranty Corporation: Improvements Needed to Address Financial and Management Challenges
GAO-08-1162T: Published: Sep 24, 2008. Publicly Released: Sep 24, 2008.
The Pension Benefit Guaranty Corporation (PBGC) insures the retirement future of nearly 44 million people in more than 30,000 private-sector defined benefit pension plans. In July 2003, GAO designated PBGC's single-employer pension insurance program--its largest insurance program--as "high risk," including it on GAO's list of major programs that need urgent attention and transformation. The progra...
U.S. Postal Service: USPS Has Taken Steps to Strengthen Network Realignment Planning and Accountability and Improve Communication
GAO-08-1022T: Published: Jul 24, 2008. Publicly Released: Jul 24, 2008.
GAO has issued reports on the U.S. Postal Service's (USPS) strategy for realigning its mail processing network and improving delivery performance information. These reports recommended that the Postmaster General (1) strengthen planning and the overall integration of its realignment efforts, and enhance accountability by establishing measurable targets and evaluating results, (2) improve delivery...