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<classification authority="sudocs">GA 1.13:RCED-96-39</classification>
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 <title>Department of Energy: Property Management Has Improved at DOE&apos;s Rocky Flats Site</title>
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<abstract>As of October 1995, the Energy Department (DOE) estimated that only $4.5
million worth of property was missing or could not be physically located
at its Rocky Flats facility in Colorado. This amount is considerably
lower than the $29.3 million cited in GAO&apos;s 1994 report (GAO/RCED-94-77)
primarily because DOE authorized the contractor to write off about $20.8
million in missing or &quot;unlocated&quot; property from the property records.
Generally, GAO found that DOE had improved property management at Rocky
Flats. For instance, DOE has acquired a new property-tracking system
more suited to property management. However, a major problem highlighted
in GAO&apos;s 1994 report has yet to be addressed: A large percentage of the
data in the site&apos;s property-tracking system are inaccurate.</abstract>
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