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Postal Service: Estimating the Cost of Construction Projects

GGD-90-28BR Published: Dec 19, 1989. Publicly Released: Dec 19, 1989.
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Highlights

Pursuant to a congressional request, GAO reviewed the U.S. Postal Service's (USPS) development of cost estimates for new facility construction projects, focusing on: (1) projects that the USPS Board of Governors delayed or otherwise questioned during review; and (2) how actual project costs compared with the approved cost estimates for a sample of 220 completed postal facilities.

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Construction costsCost analysisCost overrunsFederal advisory bodiesFuture budget projectionsGovernment facility constructionPostal facilitiesReal property acquisitionStatistical methodsCost estimates