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ID-82-28 1 (1982-07-02)

handle is hein.gao/gaobabdlg0001 and id is 1 raw text is: I


,BY  THE COMPTRLR GENERAL


Report To The Congress

OF THE UNITED STATES


Navy's Transfer Of Power System To

Financially Troubled Guam Power

Authority Has Been Delayed


The Island-Wide Power System on Guam is
jointly operated under an agreement be-
tween the U.S. Navy and the Guam Power
Authority. Since 1975, the Authority has
experienced financial difficulties and trans-
fer of operational control to it has been
delayed. The Government of Guam claims
the Power Pool Agreement is inequitable
and has been the primary cause of the
Authority's financial problems. GAO be-
lieves the Agreement is basically equitable
and does not see its provisions as being a
deterrent to the transfer of operational
control.


II II Il/lt/lI I  IIl
  118863


  GAO/ID-82-28
  JULY 2, 1982


,94 2j2 ', C)

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