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EMD-78-50 1 (1978-03-06)

handle is hein.gao/gaobaawrl0001 and id is 1 raw text is: 



                COMPTROLLER GENERAL, OF THE UNrrD STATES




                                              March 6, 1978

The Honorable Henry H. Jackson
Chairman, Committee on Energy
   and Natural Resources
United States Senate

rear Mr. 'Chairman:

     This replies to your February 23, 1978, letter in which
you and Senator Hansen, as Ranking Minority Member, asked
that we conduct an audit of the current Clinch River Breeder
Reactor jCR2R) project funding situation to assist the Com-
mittee when it considers the fiscal year 1979 authorization
for the Department of Energy. Our representatives were
informed that you and Senator Hansen wish to be provided
i db inf,,.ation concerning the present financial status of
t' -roj;ct. The purpose of this data would be to serve as
a baseline for determining what additional funds, if any,
ssau] d bo- authcrized for the project in fiscal year 1979.
we were &. asked to examine certain other matters includ-
Ing 'rogress made in the project since our June 1977 review
0! C.3R activities and any effects reductions in the level
of p-ect activity may have had with respect to the ter-
mination clauses in the CRBR contractual arrangement.

     In performing our review we examined the financial plans
and documents associated with the CRBR project. We did not,
however, undertake a detailed ana.ysis of supporting materials
to these documents. We also reviewed the Executive branch's
actions from the standpoints of the CRBR authorizing legisla-
tion, the Impoundment Control Act of 1974, and the multi-party
cooperative arrangement for the project.

     in summary, we found:

     -the overall project schedule has slipped a minimum of
       18 months;
     -Department of Energy obligations and expenditures to
       date on the project have tdtaled about $505 million;
     -as of February 1978, the Department of Energy had
       about $2.3 million in unobligated budget authority-
       available for obligation;



                                                 EMD-78-49

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