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B-119600 1 (1974-08-22)

handle is hein.gao/gaobaaefc0001 and id is 1 raw text is: COMPTROLLER GENERAL OF THE UNITED STATES WASHINGTON. D.C. 20548 R ELEASED B-119600 AUG 2 2 1974 The Honorable Thaddeus J. Dulski Chairman, Committee on Post Office and Civil Service House of Representatives Dear Mr. Chairman: Pursuant to your request of January 31, 1974, and subsequent meetings with the committee staff, we reviewed the operation of the United States Postal Service's Capital Investment Program to determine the amount of capital commitments and expenditures, plans for future investments and the methods of financing. We also obtained information on capital investment data contained in the fiscal year 1972 and 1973 Annual Reports of the Postmaster General. (See encs. I-V. ) Staff members of the committee have been briefed on the results of our examination. BACKGROUND The Service's Capital Investment Program is under the control of a Headquarters Capital Investment Committee and Regional Capital z Investment Committees. The cost and physical size of proposed projects and procurements determine the level of approval necessary to authorize implementation of such projects. The level of approval generally required for building projects is summarized below. --The Board of Governors of the Service has approval authority for individual projects and procurements over $10 million. --The Headquarters Capital Investment Committee has approval p authority for individual projects over $2 million and/or 50, 000 '.\ square feet of interior floor space. - --The Regional Postmasters General have approval authority for individual projects of less than $2 million and/or 50, 000 square feet of space. The Regional Capital Investment Committees review and make recommendations to the Regional Postmasters General on these projects. The Headquarters Committee makes recommendations to the Board of Governors on projects and procurements costing more than $10 million. The Headquarters Committee consists of the Senior Assistant Postmaster General for Administration as Chairman, the General Counsel, the Senior Assistant Postmaster General for Finance, the Senior Assistant Postmaster General for Operations, and the Assist- ant Postmaster General for Planning. 40, 9 OaO25T?

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