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AIMD-96-44R 1 (1996-02-21)

handle is hein.gao/gaobaclbp0001 and id is 1 raw text is: GAD United States General Accounting Office Washington, D.C. 20548 Accounting and Information Management Division B-271114 February 21, 1996 The Honorable Thomas M. Davis TLU Chairman, Subcommittee on the District of Columbia Committee on Government Reform and Oversight House of Representatives Dear Mr. Chairman: This letter responds to your request for a status report on the proposed new Convention Center Project in the District of Columbia. Specifically, you requested an update on (1) the predevelopment and capital project costs, (2) the financing of the project, (3) the revenues generated from various dedicated taxes, and (4) the project's timetable for completion. PREDEVELOPMENT AND CAPITAL PROJECT COSTS The District's efforts to design and build a new convention center are still in the early stages. According to the Deputy General Manager of the Washington Convention Center Authority (WCCA), the costs (predevelopment and capital) associated with the project are all prelininary estimates, which are not reliable and are subject to change once a program management firm is selected and a project manager is hired to oversee the entire project. In addition, the design and size of the project are expected to change. Since our last testimony,' there have been some changes to WCCA's estimated predevelopment costs for the Convention Center Project. We testified that 'District of Columbia: Status of Sorts Arena and Convention Center Project (GAOfT- AIMD-95-221, August 9, 1995). GAO/AIMD-9644R Status of Convention Center Project K( qGLK

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