Panama Canal Commission Procurement and Contracting

Highlights

GAO reviewed the adequacy of the Panama Canal Commission's procedures for buying goods and services and how well these procedures are being applied.

Recommendations

Recommendations for Executive Action

Agency Affected	Recommendation	Status
Panama Canal Commission	The Administrator of the Panama Canal Commission should ensure that the position of Procurement Executive is made and maintained independent of line authority within the Commission and that the Procurement Executive be made accountable only to the head of the agency.	Closed – Implemented When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
Panama Canal Commission	The Administrator of the Panama Canal Commission should ensure that the matters discussed in this report are included on the agenda of the Procurement Executive for consideration, study, and resolution.	Closed – Implemented When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
Panama Canal Commission	The Administrator of the Panama Canal Commission should direct the General Auditor of the Panama Canal Commission, after passage of a reasonable length of time, to reexamine the Commission's performance in ensuring fairness and reasonableness of prices for negotiated procurements.	Closed – Implemented When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.

Full Report

Full Report (16 pages)

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Topics

Government Operations

Advertised procurementFederal procurementNegotiated procurementProcurement practicesProcurement regulationsQuestionable procurement chargesProcurementGovernment procurementContract costsPrice competition