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Lease Refinancing: Observations on GSA's Proposed Master Leasing and Army's Lease Programs

AFMD-90-7 Published: Nov 24, 1989. Publicly Released: Jan 05, 1990.
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Highlights

Pursuant to a congressional request, GAO evaluated the General Services Administration's (GSA) proposed Master Installment Purchasing System (MIPS) and the Army's lease refinancing program, focusing on the extent to which the programs' separation of lease financing from equipment procurement could reduce costs to the government.

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IT acquisitionsArmy procurementCost controlEquipment leasesEquipment managementFederal procurementFinancial managementLeasing policiesMultiyear contractsRental rates