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MASAD-81-13 1 (1981-03-20)

handle is hein.gao/gaobabbqs0001 and id is 1 raw text is: 



BY THE COMPTROLLER GENERAL



Report To The Congress


OF THE UNITED STATES


Financial Status Of

Major Federal Acquisitions

September 30,1980


Federal departments' and agencies' major
acquisitions in process are estimated to cost
$777 billion at completion. Cost estimates are
shown in this report for each of the 1,040
civil and military acquisitions currently in
development, test, production, or construc-
tion phases.

Inflation accounted for 45 percent of the cost
growth in 131 projects where the agencies
identified specific reasons for cost growth.
Other reasons include increased quantities, ad-
ditional engineering, and extended delivery
dates.

This report discloses the financial status of
each acquisition.

The information in this report was supplied
by the agencies; however, its accuracy and
completeness were not verified.


  MASAD-81-13
MARCH 20,1981


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114662


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