Pension Plans: Status of Labor's Economically Targeted Investments Clearinghouse

Pursuant to a congressional request, GAO provided information on the Department of Labor's contract to establish and operate an economically targeted investments (ETI) clearinghouse, focusing on: (1) whether the applicable federal statutes and regulations were fully adhered to in selecting the ETI clearinghouse contractor; (2) how much was budgeted for and paid to the contractor; (3) what labor staff resources were involved in setting up and operating the ETI clearinghouse; (4) work that the contractor performed; and (5) the current status of the ETI clearinghouse.