A new convention center is being constructed in accordance with the Washington Convention Center Authority Act of 1994, which authorizes the Washington Convention Center Authority (WCCA) to construct, maintain, and operate a new convention center while continuing to maintain and operate the existing convention center. GAO reviewed (1) issues related to the Revised Guaranteed Maximum Price agreeme

GAO discussed the Department of Energy's (DOE) Superconducting Super Collider (SSC). GAO noted that: (1) DOE has made considerable progress on the development of the superconducting magnets, but more work is needed before industry can mass-produce the magnets; (2) the potential impact of cost and schedule changes is unknown because DOE does not have an integrated management system in place to mon

GAO noted that, through fiscal year 1986, the Navy awarded 13 contracts to one contractor for the design and construction of the Trident submarine. GAO found that the Navy decided to establish competition for the submarine's construction because: (1) of the potential to save money; and (2) it believes that a potential second-source competitor is capable of building a Trident submarine. Although t

GAO found that: (1) the net cost difference for the two locations would be relatively small; (2) the total nonrecurring costs, such as land acquisition and building rehabilitation, would be lower for Seneca Falls than Norman; (3) the total recurring costs, such as facility operating costs, would be higher at Seneca Falls because of the greater space requirement and annual costs to operate the exi

GAO found that, although VE has reduced the Corps' water resource construction costs by about $565.7 million, greater savings could be achieved by applying VE to more project designs and by applying it earlier. The Corps needs to give increased attention to its water project VE program if maximum savings are to be realized. Further, the selection of designs to be reviewed for VE savings is vital

The water project construction backlog consists of 934 authorized projects which need about $60 billion to complete construction. In recent years, construction backlog costs have grown because construction funding has not been sufficient to offset inflation and other project cost increases. Unless future funding can sufficiently cover inflation and other cost increases, some Army Corps of Enginee

Although UMTA has taken significant steps to ensure that only meritorious projects are approved for UMTA capital assistance, GAO found that UMTA does not require project reassessment, even if changed conditions indicate that the project will not meet its original objectives. GAO found that a postapproval assessment of the Philadelphia Airport High Speed Line and the Queens Trunk Line might have p

GAO stated that, although certain portions of the TVA demand forecast, particularly those dealing with economic growth projections, appear out of line with projections made by other organizations, it is for the most part based on sound data. The disparities do not significantly affect the credibility of the forecast results; if anything, the differing projections appear to indicate that TVA may b

GAO found that, while TVA has historically used in-house staff for most of its design and construction work, it does not have a procedure for comparing the cost of building a project using its employees to the cost of using a private contractor. TVA does not have a policy requiring comparisons to be routinely made and does not believe it is subject to regulations requiring such comparisons. TVA o

TVA does not have a procedure to compare the cost of construction using TVA employees to the cost of using a private contractor. Although TVA does not routinely compare costs, GAO found that evaluation of some of the comparisons made did not disclose that construction by private contractor was more economical than in-house construction. A task force recommended that TVA adopt a process that would