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PSAD-80-60 1 (1980-07-07)

handle is hein.gao/gaobabasv0001 and id is 1 raw text is: UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 PROCUREMENT AND SYSTEMS ACQUISITION DIVISION JULY7, 1980 B-197274 The Honorable Howard H. Baker, Jr. United States Senate Dear Senator Baker: Subject: Learend Spending by Federal Agencies (PSAD-80-60) Is This is in reference to your May 22, 1980, letter to the Comptroller General, which enclose4 A 'copy of correspondence from Messrs. Tom Stuart and G. E,.'Maynard, Jr., regarding a newspaper article on spending spree's by several Government agencies and departmehts. At the request of Congressman Herbert E. Harris I, chairman, Subcommittee on Human Resources, House Committ-ee< on 'Post Office and Civil Service, we are reviewing this subject at four of the agencies mentioned in the arti'cle.. The data presented in the article is factual. There are many reasons for these unbalanced expenditures. Not all of the yearend surge in expenditures is avoidable or wasteful. Some yearend obligations are illusions and do not represent the actual expenditure of funds. Certain agencies appear to have prerecorded future obligations to (1) prevent funds from lapsing, (2) give the appearance of greater achievement than has actually transpired, or (3) recognize potential liabilities that are at best specula- tive. A certain amount of wasteful yearend spending occurs when an agency finds itself near the close of the fiscal year with substantial amounts of unobligated funds. Waste occurs through the funding of low-priority projects, stimulating demand for unplanned nice to have products or services and shortcutting the procurement process. Other mechanisms used to dispose of excess funds are prematurely funding existing contracts beyond current period needs and awarding Small Business Act section 8(a) contracts months before a subcontractor, who will actually provide the supply or service, has been selected. (950553)

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