Department of Energy:

Property Management Has Improved at DOE's Rocky Flats Site

RCED-96-39: Published: Dec 28, 1995. Publicly Released: Jan 11, 1996.

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Pursuant to a congressional request, GAO reviewed the Department of Energy's (DOE) Rocky Flats Environmental Technology Site's property management system, focusing on the: (1) status of government-owned property that cannot be located at the site; and (2) steps that DOE officials have taken to improve property management at the site.

GAO found that DOE: (1) determined that about $4.5 million of property was missing or could not be located at Rocky Flats as of October 1995; (2) authorized its contractor to write off about $13 million in unlocated property and about $7.8 million in property that had been missing under a previous contractor; (3) has improved property management at Rocky Flats by acquiring a new property tracking system, creating a property management division, and incorporating contract performance measures to address previously identified problems; (4) has fully implemented four of seven GAO recommendations to improve property management, and has partially implemented the other three; and (5) has not adequately addressed inaccuracies in the property tracking system's data, which prevents it from determining how much of DOE property has been lost or stolen.

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