Oversight of Pending Public Building Projects Hearing Before the Subcommittee
Oversight of Pending Public Building Projects Hearing Before the Subcommittee
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To quickly assess the difficulty of the text, read a short excerpt:
That is because the scoring rules require the cost of constructing a new building to be scored up front. Lease costs are stretched out over the life of the lease.
Senator Cohen also states, The scorekeeping rules are meant to keep our expenditures under control, but we are throwing more and more Federal dollars down the proverbial rathole, with nothing to show for our investment.
He mentioned the Atrium Building in Northern Virginia as an example of scoring problems. GSA apparently could have o...btained the entire four-story building under a lease-purchase agreement at less cost than renting three-fourths of the building under the oper- ating lease it signed, but GSA chose not to do so because the own- ership option would have resulted in a much higher up-front scor- ing amount.
0MB has testified against changing the scoring rules on the grounds that any change might unleash a "buy now, pay later" spending spree. Senator Simpson and I met with 0MB Director I^on Panetta last week to discuss the entire scoring issue and, frankly, I don't want to encourage any more unnecessary spending, and I'm sure that Mr.
What to read after Oversight of Pending Public Building Projects Hearing Before the Subcommittee?
You can find similar books in the "Read Also" column, or choose other free books by Transportation United States Congress Senate Committee On Envi to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
That is because the scoring rules require the cost of constructing a new building to be scored up front. Lease costs are stretched out over the life of the lease.
Senator Cohen also states, The scorekeeping rules are meant to keep our expenditures under control, but we are throwing more and more Federal dollars down the proverbial rathole, with nothing to show for our investment.
He mentioned the Atrium Building in Northern Virginia as an example of scoring problems. GSA apparently could have o...btained the entire four-story building under a lease-purchase agreement at less cost than renting three-fourths of the building under the oper- ating lease it signed, but GSA chose not to do so because the own- ership option would have resulted in a much higher up-front scor- ing amount.
0MB has testified against changing the scoring rules on the grounds that any change might unleash a "buy now, pay later" spending spree. Senator Simpson and I met with 0MB Director I^on Panetta last week to discuss the entire scoring issue and, frankly, I don't want to encourage any more unnecessary spending, and I'm sure that Mr.
What to read after Oversight of Pending Public Building Projects Hearing Before the Subcommittee?
You can find similar books in the "Read Also" column, or choose other free books by Transportation United States Congress Senate Committee On Envi to read onlineMoreLess
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