United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office Accounting and Information Management Division author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 1998-12-01 monographic deposited born digital 80 p. GA 1.13:AIMD-99-32 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-99-32 P0b002ee18038fc4e f:ai99032 DGPO 2010-08-12 2011-03-24 GAOREPORTS-AIMD-99-32 machine generated eng fdlp REPORT GAOREPORTS-AIMD-99-32 AIMD-99-32 Information resources management Private sector practices Strategic planning Agency missions Cost analysis Federal procurement Information technology Decision making Financial management Other Written Product AIMD Federal spending on major physical capital investments is projected to total more than $68 billion in fiscal year 1999. Past management problems and years of budget restraints have underscored the need to strengthen capital decision-making and management. The Office of Management and Budget (OMB) and GAO have been promoting better decision-making practices to help ensure that the purchase of new assets and infrastructure have the highest and most efficient returns to the taxpayer and to the government and that existing assets will be adequately repaired and maintained. This executive guide summarizes 12 fundamental practices that have been successfully implemented by organizations recognized for their outstanding capital decision-making practices. It also provides examples of leading practices from which the federal government may be able to draw lessons. In 1994 and 1995, GAO worked with OMB to produce guidance on evaluating information technology investments. GAO produced a leading practices guide in that instance as well and later produced additional guidance on information technology investments. The information provided in OMB's Capital Programming Guide and in this GAO executive guide applies to all forms of capital investment, including information technology, and should be used in conjunction with other GAO and OMB information technology guidance. https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-99-32/html/GAOREPORTS-AIMD-99-32.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-99-32/pdf/GAOREPORTS-AIMD-99-32.pdf GAO/AIMD-99-32 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-99-32 Other Written Product GAO/AIMD-99-32; Executive Guide: Leading Practices in Capital; Information resources management Private sector practices Strategic planning Agency missions Cost analysis Federal procurement Information technology Decision making Financial management Volume 108 Page 3349-3351 108 Stat. 3349-3351 Public Law 103-355