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B-164105 1 (1973-06-29)

handle is hein.gao/gaobaadyh0001 and id is 1 raw text is: b UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 2054V RESOURCESA4D ECONOMIC DEVELOPMEICT DIVIIlON 1-164105 JUN 29 1973 The loporable Dixy Lee Ray Cltairman, Atomic Energy Commission Dear De. Ray: We have reviewed the policies and procedures of the Atomic $nergy Commission (AEC) for keeping AEC management and the Congress vdvised of changes in cost and schedule estimates for the construction of the Fast Flux Test Facility (FFTF), We made this review because FF)F is the highest priority project under the Liquid Metal Fast Breeder Reactor (LMFBR) program and because FFIF has experienced signi icant cost and schedule changes since fiscal year 1968 when the Congress authorized its construction* FFTF will test fuels and materiali for fast breeder reactors, According to AEC, FF£F is the focal point and lead plant in the IFBR program and provides the needed pace and relevance to the development of IFBR technology and engineering. AEC's Division of Reactor Reiearch and Development and Richland Washington, Operation Office are responsible for constructing FFTF. The Division of Construction (CONS) is responsible for independently reviewing, and informing AEC management of, the progress of all AEC construction projects, including FFTF. In July 1967 AEC estimated that FFJF would cost $87.5 million and would he completed by April 1973. In June 1970 AEC increased the total estimated cost to $102.8 million and extended the scheduled com- pletion date to June 1974. In December 1972 AEC increased the total estimated cost to $187.8 million and extended the scheduled completion date to June 1975, In March 1973 the Director, Division of Reactor Research and Development, testified before the Joint Committee on Atomic Energy that (1) the most recent estimates had been based on an analysis of cost estimates ranging from $185 million to 220 million and on comple- tion dates ranging from June 1975 to May 1976 and (2) all project par- ticipants would have to continue to improve their performance to realize these estimates. 71099QZ

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