Intercity Passenger Rail: Issues for Consideration in Developing an Intercity Passenger Rail Policy (open access)

Intercity Passenger Rail: Issues for Consideration in Developing an Intercity Passenger Rail Policy

Testimony issued by the General Accounting Office with an abstract that begins "The Rail Passenger Service Act of 1970 created Amtrak to provide intercity passenger rail service because existing railroads found such service unprofitable. Amtrak operates a 22,000-mile network, primarily over freight railroad tracks, providing service to 46 states and the District of Columbia. Most of Amtrak's passengers travel on the Northeast Corridor, which runs between Boston, Massachusetts, and Washington, D.C. On some portions of the Corridor, Amtrak provides high-speed rail service (up to 150 miles per hour). Since its inception, Amtrak has struggled to earn revenues and run an efficient operation. Recent years have seen Amtrak continue to struggle financially. In February 2003, Amtrak reported that it would need several billion dollars from the federal government over the next few years to sustain operations. However, some have indicated that there needs to be a fundamental reassessment of how intercity passenger rail is structured and financed. Options raise questions about whether or not Amtrak should be purely an operating company, whether competition should be introduced for providing service, and if states should assume a greater financial role in the services that are provided."
Date: April 30, 2003
Creator: United States. General Accounting Office.
System: The UNT Digital Library
Contract Management: Comments on Proposed Services Acquisition Reform Act (open access)

Contract Management: Comments on Proposed Services Acquisition Reform Act

Testimony issued by the General Accounting Office with an abstract that begins "Since 1997, federal spending on services has grown 11 percent and now represents more than 60 percent of contract spending governmentwide. Several significant changes in the government--including funding for homeland security--are expected to further increase spending on services. Adjusting to this new environment has proven difficult. Agencies need to improve in a number of areas: sustaining executive leadership, strengthening the acquisition workforce, and encouraging innovative contracting approaches. Improving these areas is a key goal of the proposed Services Acquisition Reform Act (SARA)."
Date: April 30, 2003
Creator: United States. General Accounting Office.
System: The UNT Digital Library
Small Business Administration: Progress Made but Improvements Needed in Lender Oversight (open access)

Small Business Administration: Progress Made but Improvements Needed in Lender Oversight

Testimony issued by the General Accounting Office with an abstract that begins "The Small Business Administration (SBA) is responsible for oversight of its 7(a) loan program lenders, including those who participate in the Preferred Lenders Program or PLP. SBA delegates full authority to preferred lenders to make loans without prior SBA approval. In fiscal year 2002, preferred lenders approved 55 percent of the dollar value of all 7(a) loans--about $7 billion. Small businesses are certainly a vital part of the nation's economy. According to SBA, they generate more than half of the nation's gross domestic product and are the principal source of new jobs in the U.S. economy. In turn, SBA's mission is to maintain and strengthen the nation's economy by aiding, counseling, assisting, and protecting the interests of small businesses. Providing small businesses with access to credit is a major avenue through which SBA strives to fulfill its mission. Strong oversight of lenders by SBA is needed to protect SBA from financial risk and to ensure that qualified borrowers get 7(a) loans. SBA has a total portfolio of about $46 billion, including $42 billion in direct and guaranteed small business loans and other guarantees. Because SBA guarantees up to …
Date: April 30, 2003
Creator: United States. General Accounting Office.
System: The UNT Digital Library
Spectrum Management in Defense Acquisitions (open access)

Spectrum Management in Defense Acquisitions

Correspondence issued by the General Accounting Office with an abstract that begins "The electromagnetic radio frequency spectrum is critical to the development and operation of a variety of military systems such as radios, radars, and satellites. Due to the changing nature of warfighting, more and more military systems depend on the spectrum to guide precision weapons and obtain information superiority. In recent years, demand for the spectrum increased with advances in commercial technology. This demand has led to competition between government and nongovernment users, making spectrum management vital to prevent harmful interference and to promote spectrum efficiency. With these goals in mind, the Department of Defense (DOD) has long-standing policies and procedures that require system developers and acquirers to consider and deal with spectrum supportability knowledge early in the development and acquisition of systems. Early assessment of spectrum needs provides DOD the opportunity to identify, and therefore, better manage program and operational risks. DOD policy requires developers of spectrum dependent systems to obtain certification before assumption of contractual obligations for the full-scale development, production or procurement of those systems. Senate Report 107-151 and House Report 106-945 required us to assess DOD's spectrum management process. We focused our assessment on (1) …
Date: April 30, 2003
Creator: United States. General Accounting Office.
System: The UNT Digital Library