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EMD-81-94 1 (1981-06-16)

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BY THE U.S. GENERAL ACCOUNTING OFFICE


Report To The


Secretary Of Energy




Policies Governing The Bonneville Power

Administration's Repayment Of Federal

Investments Need Revision.


By reviewing its Federal investment repayment
policies Bonneville could better meet new leg-
islative requirements, improve rate level deter-
mination credibility, reduce inefficient use of
agency staff and resources, enhance manage-
ment decisionmaking tools, and provide a more
reliable assessment of repayment progress.

This report recommends that the Secretary of
Energy direct Bonneville to adopt a cost-based
approach to repayment and rate level determi-
nation which wou Id replace the long-term fore-
cast-based approach now used.


  EMD-81-94
JUNE 16, 1981


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