About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

GAO-02-182R 1 (2001-11-30)

handle is hein.gao/gaocrptanvq0001 and id is 1 raw text is: SGAO Accountability * Integrity * Reliability United States General Accounting Office Washington, DC 20548 November 30, 2001 The Honorable Constance A. Morella Chairwoman Subcommittee on the District of Columbia Committee on Government Reform House of Representatives Subject: District of Columbia: Status of the New Convention Center Project Dear Madam Chairwoman: You asked us to provide information on the status of the new convention center project. The Washington Convention Center Authority (WCCA) Act of 1994 authorizes WCCA to construct, maintain, and operate the new convention center as well as maintain and operate the existing convention center. As agreed with your office, we reviewed information related to (1) the status of the new convention center project as of July 2001' and (2) the Guaranteed Maximum Price (GMP) agreement: Specifically, our objectives were to provide information regarding the status of (1) the new convention center project and GMP negotiations, (2) estimated costs through July 2001 and how they compare to the original budget, including information on the completion schedule and any change in project contingency amounts, (3) ongoing construction, including the effect of the April 2001 steel collapse on the estimated costs and project schedule, and (4) financing sources. In order to meet those objectives, we * held discussions and obtained information from WCCA officials; * reviewed WCCA and construction manager (CM) progress reports, visited the construction site, and compared WCCA's current estimates for the project with the original cost estimates of September 1998;3 * reviewed budget documents and held discussions with WCCA officials to obtain reasons for variations in the most recent cost estimates and the original estimates; and * reviewed the financing plan to determine whether it covers the remaining estimated project costs. 'This was the most recent information available at the time of our review. 'The most recent information available for the GMP agreement was from September 2001. 2WCCA considers the September 1998 estimate to be the original estimate. GAO-02-182R Status of New Convention Center

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most