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DHS Science and Technology: Additional Steps Needed to Ensure Test and Evaluation Requirements Are Met (open access)

DHS Science and Technology: Additional Steps Needed to Ensure Test and Evaluation Requirements Are Met

A letter report issued by the Government Accountability Office with an abstract that begins "In recent years, GAO has reported on challenges the Department of Homeland Security (DHS) has faced in effectively managing major acquisitions, including programs which were deployed before appropriate testing and evaluation (T&E) was completed. In 2009 and 2010 respectively, DHS issued new T&E and acquisition directives to address these challenges. Under these directives, DHS Science and Technology Directorate's (S&T) Test & Evaluation and Standards Office (TES) is responsible for overseeing T&E of DHS major acquisition programs--that is, those with over $300 million in life-cycle costs--to ensure that T&E and certain acquisitions requirements are met. GAO was asked to identify (1) the extent to which TES oversees T&E of major acquisitions; and (2) what challenges, if any, TES officials report facing in overseeing T&E across DHS components. GAO reviewed DHS directives and test plans, interviewed DHS officials, and reviewed T&E documentation from a sample of 11 major acquisition programs from each of 11 different DHS components. The results of the sample cannot be generalized to all DHS programs, but provided insights."
Date: June 15, 2011
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Federal Workers: Results of Studies on Federal Pay Varied Due to Differing Methodologies (open access)

Federal Workers: Results of Studies on Federal Pay Varied Due to Differing Methodologies

A letter report issued by the Government Accountability Office with an abstract that begins "Annual pay adjustments for the General Schedule (GS), the pay system covering the majority of federal workers, are either determined through the process specified in the Federal Employees Pay Comparability Act of 1990 (FEPCA) or set based on percent increases authorized directly by Congress. GS employees receive an across-the-board increase (ranging from 0 to 3.8 percent since FEPCA was implemented) that has usually been made in accordance with a FEPCA formula linking increases to national private sector salary growth. This increase is the same for each employee. GS employees also receive a locality increase that varies based on their location; there were 34 pay localities in 2012. While FEPCA specifies a process designed to reduce federal-nonfederal pay gaps in each locality, in practice locality increases have usually been far less than the recommended amount, which has been over 15 percent in recent years. For 2012, when there was a freeze on annual pay adjustments, the FEPCA process had recommended a 1.1 percent across-the-board increase and an average 18.5 percent locality increase."
Date: June 22, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Preliminary Observations on Funding, Oversight, and Investigations and Prosecutions of ACORN or Potentially Related Organizations (open access)

Preliminary Observations on Funding, Oversight, and Investigations and Prosecutions of ACORN or Potentially Related Organizations

Correspondence issued by the Government Accountability Office with an abstract that begins "Nonprofit organizations, such as the Association of Community Organizations for Reform Now (ACORN), play an important role in providing a wide range of public services. To provide these services, these organizations rely on funding through federal grants and contracts, among other sources. Just as it is important for federal agencies to be held accountable for the efficient and effective use of taxpayer dollars, it is also important for these nonprofit organizations to be held accountable for their use of federal funds. ACORN was established in 1970 as a grassroots organization to advocate for low-income families. By 2009, ACORN reportedly had 500,000 members and had expanded into a national network of organizations involved in the development of affordable housing, foreclosure counseling, voter registration, and political mobilization, among other things. ACORN organizations relied on membership dues and on federal and private foundation funding to support various activities. Voter registration fraud allegations in a number of states and widely distributed videotapes depicting what appeared to be inappropriate behavior by employees of several local ACORN chapters spurred calls to identify federal funding provided to ACORN and ACORN-related organizations and for legislation to …
Date: June 14, 2010
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Organized Retail Crime: Private Sector and Law Enforcement Collaborate to Deter and Investigate Theft (open access)

Organized Retail Crime: Private Sector and Law Enforcement Collaborate to Deter and Investigate Theft

A letter report issued by the Government Accountability Office with an abstract that begins "Each year organized groups of professional shoplifters steal or fraudulently obtain billions of dollars in merchandise to resell in an activity known as organized retail crime (ORC). These stolen goods can also be sold on online marketplaces, a practice known as "e-fencing." GAO was asked to assess ORC and e-fencing. This report addresses: (1) types of efforts that select retailers, state and local law enforcement, and federal agencies are undertaking to combat ORC; (2) the extent to which tools or mechanisms exist to facilitate collaboration and information sharing among these ORC stakeholders; and (3) steps that select online marketplaces have taken to combat ORC and e-fencing, and additional actions, if any, retailers and law enforcement think may enhance these efforts. GAO reviewed retail-industry documentation, such as reports and surveys, and academic studies related to ORC and efforts to combat it. GAO also interviewed representatives from four major retail associations and five individual retailers, selected for their knowledge of and efforts to combat ORC, as well as eight local law enforcement officials involved in the development of ORC information sharing networks, and Federal Bureau of Investigation (FBI) …
Date: June 14, 2011
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Older Americans: Continuing Care Retirement Communities Can Provide Benefits, but Not Without Some Risk (open access)

Older Americans: Continuing Care Retirement Communities Can Provide Benefits, but Not Without Some Risk

A letter report issued by the Government Accountability Office with an abstract that begins "A growing number of older Americans are choosing continuing care retirement communities (CCRC) to help ensure that their finances in retirement will cover the cost of housing and care they may require. However, recent economic conditions have placed financial stress on some CCRCs. GAO was asked to (1) describe how CCRCs operate and the risks they face, (2) describe how state laws address these risks, (3) describe risks that CCRC residents face, and (4) describe how state laws address these risks. To review these areas, GAO analyzed state statutory provisions pertaining to CCRCs with respect to financial oversight and consumer protection, met with selected state regulators, and interviewed CCRC providers, resident's associations, and consumer groups. While GAO is not recommending specific action at this time, the potential risks to CCRC residents--as well as the potential for this industry to grow--highlight the importance of states being vigilant in their efforts to help ensure adequate consumer protections for residents. GAO provided a draft copy of this report to the Department of Health and Human Services and the National Association of Insurance Commissioners for review, but neither commented on …
Date: June 21, 2010
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Grant Workforce: Agency Training Practices Should Inform Future Government-wide Efforts (open access)

Grant Workforce: Agency Training Practices Should Inform Future Government-wide Efforts

A letter report issued by the Government Accountability Office with an abstract that begins "Identifying the federal grant workforce presents challenges due to differences in how agencies manage grants and the wide range of job series that make up the grant workforce. Some agencies manage grants by using a combination of program specialists (subject-matter experts) and grants management specialists, while other agencies use program specialists to manage the entire grant process. In the four agencies that GAO focused on for this review--the Departments of Education (Education), Health and Human Services (HHS), State (State), and Transportation (DOT)--agency officials identified over 5,100 employees who were significantly involved in managing grants, spanning more than 50 different occupational job series. Recognizing the need for a classification that would more accurately capture the work of federal employees who manage grants, in 2010 the Office of Personnel Management (OPM) created the "Grants Management Specialist" job series. However, due to the different ways that agencies manage grants, the extent to which agencies have adopted this series varies widely. More than half of the 22 federal grant-making agencies GAO surveyed make limited or no use of the job series. The Council on Financial Assistance Reform (COFAR), established by …
Date: June 28, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Former Federal Trade Officials: Laws on Post-Employment Activities, Foreign Representation, and Lobbying (open access)

Former Federal Trade Officials: Laws on Post-Employment Activities, Foreign Representation, and Lobbying

A letter report issued by the Government Accountability Office with an abstract that begins "Congress has enacted laws to safeguard against former federal employees, including former trade officials, from using their access to influence government officials. These former officials' post-employment activities are restricted by a federal conflict of interest law, known as the "Revolving Door" law. Two other laws--the Foreign Agents Registration Act (FARA) and the Lobbying Disclosure Act (LDA)--are disclosure statutes that do not prohibit any activities per se, but require individuals conducting certain representation activities to publicly disclose them. FARA and LDA are not specific to former federal officials; they apply to all individuals. GAO was asked to provide a summary of the Revolving Door law, FARA, and LDA. GAO reviewed these laws, as well as guidance from the Office of Government Ethics (OGE). GAO interviewed ethics officials at three agencies whose missions focus on trade--the United States Trade Representative (USTR), the International Trade Administration (ITA), and the International Trade Commission (USITC)--and collected data on the number of senior officials who separated from these agencies from 2004 through 2009. In addition, GAO interviewed Department of Justice (Justice) officials concerning enforcement of these laws. GAO makes no recommendations in …
Date: June 23, 2010
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Border Security: Progress and Challenges in DHS Implementation and Assessment Efforts (open access)

Border Security: Progress and Challenges in DHS Implementation and Assessment Efforts

Testimony issued by the Government Accountability Office with an abstract that begins "U.S. Customs and Border Protection (CBP), part of the Department of Homeland Security (DHS), has reported progress in stemming illegal cross-border activity, but it could strengthen the assessment of its efforts. For example, since fiscal year 2011, DHS has used the number of apprehensions on the southwest border between ports of entry (POE) as an interim measure for border security. GAO reported in December 2012 that apprehensions decreased across the southwest border from fiscal years 2006 through 2011, generally mirroring a decrease in estimated known illegal entries in each southwest border sector. CBP attributed this decrease in part to changes in the U.S. economy and increased resources for border security. Data reported by CBP's Office of Border Patrol (Border Patrol) show that total apprehensions across the southwest border increased from over 327,000 in fiscal year 2011 to about 357,000 in fiscal year 2012. It is too early to assess whether this increase indicates a change in the trend. GAO testified in February 2013 that the number of apprehensions provides information on activity levels but does not inform program results or resource allocation decisions. Border Patrol is in the …
Date: June 27, 2013
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Medicare: Information on Highest-Expenditure Part B Drugs (open access)

Medicare: Information on Highest-Expenditure Part B Drugs

Testimony issued by the Government Accountability Office with an abstract that begins "Medicare expenditures for Part B drugs in 2010 were concentrated among relatively few drugs. The 55 highest-expenditure Part B drugs represented $16.9 billion in spending, or about 85 percent of all Medicare spending on Part B drugs, and the 10 highest-expenditure drugs accounted for about 45 percent of all Part B drug spending in 2010. Most of these drugs were under patent and could be purchased only from a single manufacturer. The number of Medicare beneficiaries who used the 55 drugs ranged from over 15 million beneficiaries who received the influenza vaccine to 660 beneficiaries who used a drug that treats hemophilia. The annual per beneficiary cost of the Part B drugs GAO examined also varied widely in 2010, from $13 for influenza vaccine to over $200,000 for factor vii recombinant to treat hemophilia. Spending, utilization, and prices increased for most of the 55 drugs between 2008 and 2010, with the drugs that showed the greatest increases in expenditures also showing the greatest increases in utilization."
Date: June 28, 2013
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
HHS Research Awards: Use of Recovery Act and Patient Protection and Affordable Care Act Funds for Comparative Effectiveness Research (open access)

HHS Research Awards: Use of Recovery Act and Patient Protection and Affordable Care Act Funds for Comparative Effectiveness Research

Correspondence issued by the Government Accountability Office with an abstract that begins "Comparative effectiveness research (CER) is research comparing different interventions and strategies to prevent, diagnose, treat, and monitor health conditions. The American Recovery and Reinvestment Act of 2009 (Recovery Act) appropriated $1.1 billion to the Department of Health and Human Services (HHS) specifically for CER, including $400 million to the Secretary of HHS, $300 million to the Agency for Healthcare Research and Quality (AHRQ), and $400 million to the National Institutes of Health (NIH). The Recovery Act required that these funds be obligated by September 30, 2010. For grants and cooperative agreements, funds are drawn down by recipients on an as-needed basis in accordance with the objectives of the project. For contracts, as milestones are met, invoices are submitted to HHS for payments for goods and services provided under the contract. Additionally, the Patient Protection and Affordable Care Act (PPACA) directed AHRQ to disseminate the findings of CER published by the Patient-Centered Outcomes Research Institute (PCORI) and other related government-funded research in consultation with NIH. PPACA established a trust fund to support PCORI's mission and specified that percentages of this trust fund be provided to the Secretary of HHS …
Date: June 14, 2011
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Gas Pipeline Safety: Guidance and More Information Needed before Using Risk-Based Reassessment Intervals (open access)

Gas Pipeline Safety: Guidance and More Information Needed before Using Risk-Based Reassessment Intervals

A letter report issued by the Government Accountability Office with an abstract that begins "Baseline assessment and reassessment data collected by the Department of Transportation's (DOT) Pipeline and Hazardous Materials Safety Administration (PHMSA) since 2004 show that pipeline operators are making repairs in highly populated or frequented areas ("high consequence areas"). For example, from 2004 to 2009, operators made 1,080 immediate repairs. While operators can use assessment data to determine reassessment intervals for specific pipelines, PHMSA's data are aggregated and cannot indicate an appropriate maximum interval for all pipelines nationwide. Such a determination requires, for example, collaboration of subject matter experts and analysis of technical studies."
Date: June 27, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Medicare Part D: Changes in Utilization Similar for Randomly Reassigned and Other Low-Income Subsidy Beneficiaries (open access)

Medicare Part D: Changes in Utilization Similar for Randomly Reassigned and Other Low-Income Subsidy Beneficiaries

Correspondence issued by the Government Accountability Office with an abstract that begins "To help defray out-of-pocket prescription drug costs for limited or low-income Medicare beneficiaries, the Medicare Part D outpatient prescription drug program offers a low-income subsidy (LIS) for eligible beneficiaries. In 2010, about 9.4 million beneficiaries received the LIS--about 40 percent of the approximately 23 million Medicare Part D beneficiaries in that year. Most of the LIS beneficiaries received the full LIS, thus paying no premiums or deductibles as long as they enrolled in so-called "benchmark" stand-alone prescription drug plans (PDP). Benchmark PDPs are those plans with premiums at or below a specified benchmark for a given geographic region, calculated by the Centers for Medicare & Medicaid Services (CMS), the agency within the Department of Health and Human Services (HHS) that administers the Medicare program. Full LIS beneficiaries may also enroll in other Part D plans--either nonbenchmark PDPs or Medicare Advantage prescription drug plans (MAPD)-- but must pay any difference between the premium of the plan in which they choose to enroll and the benchmark for their region. Because plan premiums can change from year to year and because CMS recalculates the premium benchmarks annually, some PDPs may be …
Date: June 22, 2011
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Military Base Realignments and Closures: Updated Costs and Savings Estimates from BRAC 2005 (open access)

Military Base Realignments and Closures: Updated Costs and Savings Estimates from BRAC 2005

Correspondence issued by the Government Accountability Office with an abstract that begins "Our analysis of DOD’s fiscal year 2011 update relating to the BRAC 2005 budget submission to Congress shows that one-time implementation costs grew from $21 billion originally estimated by the BRAC Commission in 2005 to about $35.1 billion, an increase of about $14.1 billion, or 67 percent, largely due to increased construction costs. We compared the BRAC Commission’s 2005 estimates to DOD’s fiscal year 2011 budget submission and found that 14 of 182 BRAC recommendations accounted for about 72 percent of the cost increase, or about $10.2 billion. Our analysis of those 14 recommendations shows that increased construction costs resulted primarily from additional building projects and additions to planned projects, which DOD deemed necessary after implementation began. For example, one-time costs for realigning the National Geospatial-Intelligence Agency more than doubled from $1.1 billion to $2.6 billion, with military construction accounting for nearly $726 million of that increase due to additional supporting facilities the agency identified as essential to the mission. Overall, military construction costs for the BRAC 2005 round increased 86 percent, from $13.2 billion estimated by the BRAC Commission to $24.5 billion according to DOD’s fiscal year …
Date: June 29, 2012
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Patient Protection and Affordable Care Act: Status of CMS Efforts to Establish Federally Facilitated Health Insurance Exchanges (open access)

Patient Protection and Affordable Care Act: Status of CMS Efforts to Establish Federally Facilitated Health Insurance Exchanges

A letter report issued by the Government Accountability Office with an abstract that begins "The Centers for Medicare & Medicaid Services (CMS) will operate a health insurance exchange in the 34 states that will not operate a state-based exchange for 2014. Of these 34 federally facilitated exchanges (FFE), 15 are in states expected to assist CMS in carrying out certain FFE functions. However, the activities that CMS plans to carry out in these 15 exchanges, as well as in the state-based exchanges, have evolved and may continue to change. For example, CMS approved states' exchange arrangements on the condition that they ultimately complete activities necessary for exchange implementation. CMS indicated that it would carry out more exchange functions if any state did not adequately progress towards implementation of all required activities."
Date: June 19, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Military Base Realignments and Closures: The National Geospatial-Intelligence Agency's Technology Center Construction Project (open access)

Military Base Realignments and Closures: The National Geospatial-Intelligence Agency's Technology Center Construction Project

Correspondence issued by the Government Accountability Office with an abstract that begins "NGA modified the original scope of work for the Technology Center but met the original data-storage requirement. DOD has limited written guidance on what constitutes a complete and usable facility. However, NGA, Office of the Secretary of Defense, and Army officials believe the Technology Center constitutes a complete and usable facility because it meets its intended purpose of creating 10 petabytes of data storage to replace the data-storage capabilities at the sites that were closed by the implementation of BRAC Recommendation 168. Although the construction of NGA’s new Technology Center was planned as part of the implementation of a BRAC recommendation to consolidate various NGA satellite locations at a new NGA facility, advances in data-storage technology led NGA to revise downward the space in the Technology Center that it would need to fit out to accommodate its data-storage needs. NGA also increased the electrical density in the new facility, even though the amount of space was reduced. As a result, NGA modified the original scope of work for the center during the course of the BRAC construction project, and one of the two floors of the new building …
Date: June 29, 2012
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Defense Forensics: Additional Planning and Oversight Needed to Establish an Enduring Expeditionary Forensic Capability (open access)

Defense Forensics: Additional Planning and Oversight Needed to Establish an Enduring Expeditionary Forensic Capability

A letter report issued by the Government Accountability Office with an abstract that begins "The Department of Defense (DOD) has taken some important steps to establish an enduring expeditionary forensic capability by issuing a concept of operations in 2008, followed by a directive in 2011 to establish policy and assign responsibilities. As required by the directive, DOD has drafted a strategic plan to guide the activities of the Defense Forensic Enterprise, including expeditionary forensics. Although the plan includes a mission statement, and goals and objectives--two of the five key elements identified by GAO as integral to a well-developed strategic plan--it does not identify approaches for how goals and objectives will be achieved, milestones and metrics to gauge progress, and resources needed to achieve goals and objectives. GAO's prior work has shown that organizations need a well-developed strategic plan to identify and achieve their goals and objectives effectively and efficiently. Officials in the Office of the Under Secretary of Defense for Acquisition, Technology, and Logistics (OUSD(AT&L)) said that they decided to create a concise, high-level strategic plan and that they plan to issue guidance tasking the DOD components to develop individual implementation plans that include milestones. However, approaches, metrics, and resources …
Date: June 27, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Employment for People with Disabilities: Little Is Known about the Effectiveness of Fragmented and Overlapping Programs (open access)

Employment for People with Disabilities: Little Is Known about the Effectiveness of Fragmented and Overlapping Programs

A letter report issued by the Government Accountability Office with an abstract that begins "GAO identified 45 programs that supported employment for people with disabilities in fiscal year 2010, reflecting a fragmented system of services. The programs were administered by nine federal agencies and overseen by even more congressional committees. All programs overlapped with at least one other program in that they provided one or more similar employment service to a similar population—people with disabilities. The greatest overlap occurred in programs serving veterans and servicemembers (19 programs) and youth and young adults (5 programs). In addition, GAO identified seven programs that did not limit eligibility to any particular population and were potentially available to veterans and servicemembers or youth. Some overlapping programs, such as those with specific eligibility requirements, have less potential for duplication—providing the same services to the same beneficiaries—than others. However, even when the potential for duplication of services is low, there may be inefficiencies associated with operating multiple programs that provide similar services to similar populations. Coordination across programs may help address fragmentation and potential duplication, but officials that GAO surveyed reported only limited coordination. However, among six selected programs that only serve people with disabilities—including the …
Date: June 29, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Pension Benefit Guaranty Corporation: Asset Management Needs Better Stewardship (open access)

Pension Benefit Guaranty Corporation: Asset Management Needs Better Stewardship

A letter report issued by the Government Accountability Office with an abstract that begins "The Pension Benefit Guaranty Corporation's (PBGC) insures the pension benefits of more than 44 million people. Since its inception in 1974, PBGC's assets have grown from about $34 million to almost $80 billion in 2010, largely through assets received in plan terminations. Despite significant swings in PBGC's investment history, there has been little focus on the extent to which it has met its investment goals, the nature of its investment policies or how they compare with best practices in the industry. GAO examined (1) how PBGC's investment objectives have changed over time and the outcomes associated with those changes, (2) the performance of PBGC's investments, and (3) how well PBGC's investment policies and operations comport with best practices in the industry. To address these questions, GAO reviewed PBGC's investment policy statements and operational procedures; analyzed data on investments; and interviewed PBGC officials, officials from several state pension plans and foreign pension insurers, and other experts."
Date: June 30, 2011
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Passport Issuance: Current Situation Results in Thousands of Passports Issued to Registered Sex Offenders (open access)

Passport Issuance: Current Situation Results in Thousands of Passports Issued to Registered Sex Offenders

A letter report issued by the Government Accountability Office with an abstract that begins "A U.S. passport allows the owner to travel freely both in and out of the country. Although passport recipients typically travel internationally for business or leisure, some passport recipients are using their passports to commit nefarious illegal activities outside this country. Specifically, the Department of Justice (DOJ) has documented cases of U.S. passport holders engaging in sex acts with children in foreign countries. Federal statutes authorize the Secretary of State to deny issuance of a passport in certain circumstances, such as for a conviction for international drug trafficking or arrearages in child support. GAO was asked to (1) determine, to the extent possible, the number of passport recipients who are registered sex offenders and (2) develop case study examples of passport recipients who are registered sex offenders. To do so, GAO compared fiscal year 2008 passport data from the Department of State (State) to data in DOJ's National Sex Offender Registry (NSOR). GAO also interviewed State officials. GAO selected 30 sex offenders, primarily based on geography, and performed investigations. In response to a draft of this report, DOJ had no comments. State expressed concerns about the …
Date: June 15, 2010
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Management Report: Improvements Needed in Controls over the Preparation of the U.S. Consolidated Financial Statements (open access)

Management Report: Improvements Needed in Controls over the Preparation of the U.S. Consolidated Financial Statements

A letter report issued by the Government Accountability Office with an abstract that begins "During its audit of the fiscal year 2011 consolidated financial statements of the U.S. government (CFS), GAO identified new and continuing control deficiencies in the Department of the Treasury’s (Treasury) and the Office of Management and Budget’s (OMB) processes used to prepare the CFS. These control deficiencies contributed to material weaknesses in internal control over the federal government’s ability to"
Date: June 27, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Troubled Asset Relief Program: Treasury's Framework for Deciding to Extend TARP Was Sufficient, but Could be Strengthened for Future Decisions (open access)

Troubled Asset Relief Program: Treasury's Framework for Deciding to Extend TARP Was Sufficient, but Could be Strengthened for Future Decisions

A letter report issued by the Government Accountability Office with an abstract that begins "The Department of the Treasury's (Treasury) authority to purchase, commit to purchase, or commit to guarantee troubled assets was set to expire on December 31, 2009. This important authority has allowed Treasury to undertake a number of programs to help stabilize the financial system. In December 2009, the Secretary of the Treasury extended the authority to October 3, 2010. In our October 2009 report on the Troubled Asset Relief Program (TARP), GAO suggested as part of a framework for decision making that Treasury should coordinate with relevant federal agencies, communicate with Congress and the public, and link the decisions related to the next phase of the TARP program to quantitative analysis. This report discusses (1) the process Treasury used to decide to extend TARP and the extent of coordination with relevant agencies and (2) the analytical framework and quantitative indicators Treasury used to decide to extend TARP. To meet the report objectives, GAO reviewed key documents related to the decision to extend TARP, interviewed agency officials and analyzed financial data."
Date: June 30, 2010
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Defense Management: More Reliable Cost Estimates and Further Planning Needed to Inform the Marine Corps Realignment Initiatives in the Pacific (open access)

Defense Management: More Reliable Cost Estimates and Further Planning Needed to Inform the Marine Corps Realignment Initiatives in the Pacific

A letter report issued by the Government Accountability Office with an abstract that begins "The Department of Defense's (DOD) preliminary cost estimate for its current realignment plan is not reliable, because it is missing costs and is based on limited data. According to DOD officials, DOD has not yet been able to put together a more reliable cost estimate because it will not have specific detailed information on the plan's requirements until the completion of environmental analyses and host nation negotiations. Currently, DOD estimates that it would cost approximately $12.1 billion to implement its realignment plan--not including the Australia segment of the realignment. Still, GAO found that DOD did not include some up-front practices that could have provided a more reliable estimate that are not dependent on the completion of the environmental analyses and host nation negotiations. Specifically, DOD omitted any costs associated with mobility support, a critical component of the implementation, from its cost estimate. Furthermore, although DOD based its cost estimate on several assumptions, there was no evidence DOD conducted analysis needed to determine the reliability of those assumptions. Without a reliable estimate, DOD will not be able to provide Congress and other stakeholders with the information Congress …
Date: June 11, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Thrift Savings Plan: Adding a Socially Responsible Index Fund Presents Challenges (open access)

Thrift Savings Plan: Adding a Socially Responsible Index Fund Presents Challenges

A letter report issued by the Government Accountability Office with an abstract that begins "Officials at the Thrift Savings Plan (TSP) and the other public retirement plans that had considered socially responsible investment (SRI) associated a number of common challenges with SRI adoption. While none of these plans were identical to TSP in scope or demographics, many plan officials shared similar challenges and concerns with TSP. For example, they identified participant demand, SRI screening criteria, and costs as the most common challenges. Officials at public retirement plans that had adopted SRI cited some short-term benefits of SRI, such as providing participants an opportunity to invest in accordance with their values, but said that the long-term benefits were unknown."
Date: June 26, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Improvements Needed to Help Ensure Reliability of SBA's Performance Data on Procurement Center Representatives (open access)

Improvements Needed to Help Ensure Reliability of SBA's Performance Data on Procurement Center Representatives

Correspondence issued by the Government Accountability Office with an abstract that begins "This letter responds to the mandate contained in Section 1312(c) of the Small Business Jobs Act of 2010, for GAO to conduct a study of the Small Business Administration's (SBA) Procurement Center Representatives (PCR) and Commercial Market Representatives (CMR), including ways to improve their effectiveness. To fulfill this mandate, we provided congressional staff a briefing on the results of this work in meetings with them on March 22, 23, and 24, 2011. Each year, the federal government awards hundreds of billions of dollars in contracts for goods and services--more than $500 billion in fiscal year 2010 alone. It uses this buying power to maximize procurement opportunities for small businesses through long-standing policies such as set-asides and requiring large contractors to set goals for using small business subcontractors. SBA's PCRs and CMRs play an important role in helping ensure that small businesses gain access to contracting and subcontracting opportunities. In particular, a PCR's key responsibilities include reviewing proposed agency contract events--such as potentially bundled or consolidated contracts--and making set-aside recommendations to agency contracting officers (through informal and formal means), reviewing agency small business programs (surveillance reviews), and counseling small …
Date: June 15, 2011
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library