The Budget for Fiscal Year 1991:

Scoring of GSA Lease-Purchases

AFMD-91-44: Published: Jan 15, 1991. Publicly Released: Jan 15, 1991.

Additional Materials:


Office of Public Affairs
(202) 512-4800

Pursuant to a congressional request, GAO reviewed the difference between the Office of Management and Budget's (OMB) and the Congressional Budget Office's (CBO) budgetary scoring of certain General Service Administration (GSA) lease-purchase contracts.

GAO found that: (1) OMB, which projected higher outlays for fiscal year 1991 than CBO, characterized its budgetary treatment of construction projects as revised scoring for lease-purchases; (2) OMB and GSA had agreed to finance the projects with cheaper Federal Financing Bank (FFB) financing by converting the lease-purchase contracts into outright-purchase contracts with government financing provisions; (3) the CBO baseline treated the projects as third-party-financed lease-purchases instead of FFB-financed projects; and (4) the two baselines made different assumptions about the method of financing the contracts and applied different scoring concepts.

Jan 13, 2021

Dec 16, 2020

Dec 9, 2020

Dec 3, 2020

Nov 30, 2020

Nov 24, 2020

Nov 23, 2020

Nov 18, 2020

Oct 7, 2020

Looking for more? Browse all our products here