United States Synthetic Fuels Corporation's Project Selection Guidelines Need Clarification
EMD-81-129
Published: Aug 05, 1981. Publicly Released: Aug 05, 1981.
Skip to Highlights
Highlights
The project selection guidelines of the Synthetic Fuels Corporation (SFC) provide information on the process for evaluating proposals, the criteria to be used, and their relationship to the requirements of the Energy Security Act. GAO provided SFC with comments and recommendations for clarifying the guidelines and for implementing the selection process.
Recommendations
Recommendations for Executive Action
| Agency Affected | Recommendation | Status |
|---|---|---|
| United States Synthetic Fuels Corporation | SFC should establish a target date for beginning the review of mature projects. This date should allow adequate time for project sponsors to complete their proposals without unduly delaying the project selection process. |
Closed
Please call 202/512-6100 for additional information.
|
| United States Synthetic Fuels Corporation | To ensure that project sponsors, State and local officials, and the general public have sufficient information to make decisions and to ensure the integrity of the selection process, SFC should clarify the project selection process by describing in greater detail how projects will be reviewed. |
Closed
Please call 202/512-6100 for additional information.
|
| United States Synthetic Fuels Corporation | SFC should clarify how economic assumptions, such as inflation rates, interest rates, and the price of oil and gas, will be standardized so that the financial viability of a project can be assessed and compared with other projects. |
Closed
Please call 202/512-6100 for additional information.
|
| United States Synthetic Fuels Corporation | SFC should maintain detailed documentation at each level of the project selection process. |
Closed
Please call 202/512-6100 for additional information.
|
Full Report
Office of Public Affairs
Topics
Energy suppliesEnvironmental monitoringEvaluation criteriaProgram evaluationProgram managementSynthetic fuelsEnergy securityAlternative fuelsInflationInterest rates