Managing DOE: Government Property Worth Millions of Dollars Is Missing
(Testimony, 09/19/94, GAO/T-RCED-94-309).

GAO's work on property management at Energy Department (DOE) facilities
has led to several conclusions. First, a substantial amount of DOE
property is missing, probably more than the $74 million identified in
GAO's April 1994 report on 20 major DOE contractors, including the
contractor at Rocky Flats. Second, many weaknesses plague DOE
contractors' property management systems, including inadequate
property-tracking data bases and a lack of physical protection of DOE's
property from theft. Third, DOE has not provided enough oversight of the
contractors' property management. For example, many contractors do not
have approved property management systems. GAO recognizes that DOE is
taking steps to strengthen property management. Although GAO believes
that these changes may help, it will take the Department many years of
continual management attention to adequately address all of the complex
property management problems it faces.

--------------------------- Indexing Terms -----------------------------

 REPORTNUM:  T-RCED-94-309
     TITLE:  Managing DOE: Government Property Worth Millions of Dollars 
             Is Missing
      DATE:  09/19/94
   SUBJECT:  Federal property management
             Property losses
             Government owned equipment
             Contract monitoring
             Inventory control systems
             Energy research
             Contractor responsibility
             Accountability
             Research and development facilities
             GOCO

             
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