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EMD-81-87 1 (1981-08-06)

handle is hein.gao/gaobabcgm0001 and id is 1 raw text is: 

BY THE COMPTROLLER GENERAL





Report To The Congress


OF THE UNITED STATES


How Interior Should Handle Congressionally

Authorized Federal Coal Lease Exchanges



Lease exchanges increasingly have been con-
sidered by both the Congress and the Depart-
ment of the Interior as a way of redirecting
coal or other resource development to more
desirable areas on public lands.


This report, a followup of an earlier GAO re-
port to Interior, illustrates how Interior han-
dled its evaluation of a proposed exchange of
coal lands, specifically authorized by the Con-
gress, involving the Utah Power and Light
Company. The present administration recently
rejected the exchange; however, Interior's pre-
vious 2-year effort in evaluating the proposal
provides many important lessons and identifies
some key issues that must be resolved in han-
dling any future exchanges, including the
need to
   --first validate the basis and appropriate-
   ness for any exchange,
   --ensure the availability of sufficient data
   to determine equal value,
   --consider potential competitive leasing in-
   terest in the exchange lands, and
   --develop better procedures generally to
   manage the exchange.


      N'


116035


    EMD-81-87
AUGUST 6, 1981

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