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GAO Reports by subject "Prompt payment discounts"

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Date Report No. Title
Date May 23, 1997 Report No. AIMD-97-71 Title

Financial Management: The Prompt Payment Act and DOD Problem Disbursements

United States General Accounting Office GAO May 1997 Report to the Ranking Minority Member, Committee on Governmental Affairs, U.S. Senate FINANCIAL MANAGEMENT The Prompt Payment Act and DOD Problem Disbursements GAO/AIMD-97-71 GAO United States General Accounting Office Washington, D.C. 20548 Accounting and Information Management Division B-275091 May 23, 1997 The Honorable John Glenn Ranking Min...
Date Sept. 26, 1989 Report No. AFMD-89-91 Title

Prompt Payment: State and Federal Payment-Timing Practices Are Similar

-- -. --. .i r;w z c General &counting Office Washington, D.C. 20648 unitedstates Accounting F’inancial and Management Division B-228722 September 26,198Q The Honorable John Conyers, Jr. Chairman, Committee on Government Operations House of Representatives Dear Mr. Chairman: This report provides the results of our review of state payment-timing practices in response to a July 1988 request by you...
Date Aug. 22, 1989 Report No. AFMD-89-59 Title

Federal Financing Bank: The Government Incurred a Cost of $2 Billion on Loan Prepayments

United States General Accounting Office _. .: ‘ .., ,..” ,.., : GAO United States General Accounting Office Washington, D.C. 20548 Comptroller General of the United States B-233879 August 22, 1989 To the President of the Senate and the Speaker of the House of Representatives This report presents the results of our review of loan prepayments at the Federal Financing Bank in response to the revi...
Date Feb. 9, 1988 Report No. AFMD-88-17 Title

Prompt Payment Act: Military Exchanges Had Problems in Paying on Time

Report to the Chairman, Subcomnxittee on Readiness, Committee on Armed Services, House of Representatives L Febmwy 1988 ACT PROMPT PAYMENT Military Exchanges Had Problems in Paying on Time ~lnlllllllnn 135240 GA+FMD-8&17 I ,,,,_,,* ,,,,,,,,, ,,,,,,,,,,, ,,,,,,, I,,,,,,,,“,,*,,,,,,,, ,,,,,,,,,,“,,, ,,,,” ,,,,,,*,,,“,,I “l”_l “““,* ““1. ,.- _ -__--I_ ^-__~___ ---- ,.-- GAO ‘ ...
Date July 22, 1987 Report No. T-AFMD-87-17 Title

Financial Management: Cash Management Improvement Act of 1987 (S. 1381)

Testimony For Release on Delivery Expected at lo:30 a.m. EDT Wednesday July 22, 1987 Cash Management Act of 1987 (S. Improvement 1381) Statement of Jeffrey C. Steinhoff, Associate Director, Accounting and Financial Management Division Before the Subcommittee on Government Efficiency, and the District of Columbia, Federalism, Senate Committee on Governmental Affairs , ;GAO/T-AFMD-87-17 Mr. Chairman...
Date March 19, 1987 Report No. T-AFMD-87-3 Title

Financial Management: Federal Agencies' Bill Paying Performance and Comments on S. 328, a Bill To Amend the Prompt Payment Act

United States General Accounting Of&e I- (313 u cmgo GAO For Release on Delivery Expected at 2:00 p.m. EST Thursday IMarch 19, 1987 Testimony 2 , Federal Agencies' Bill Paying Comments on S, 328, a Bill to Payment Act Performance Amend the and Prompt Statement of Jeffrey C. Steinhoff, Associate Director Accounting and Financial Management Division Before the Committee on Governmental U.S. Senate A...
Date Aug. 28, 1986 Report No. AFMD-86-69 Title

Prompt Payment Act: Agencies Have Not Fully Achieved Available Benefits

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Date July 29, 1986 Report No. 130531 Title

Financial Management: Federal Agencies' Bill Paying Performance

U.S. GENERAL ACCOUNTING OFFICE WASHINGTON, D. C. 20548 FOR RELEASE ON DELIVERY EXPECTED 1O:OO EDT Tuesday, July 29, 1986 STATEMENT OF FREDERICK D. WOLF, DIRECTOR ACCOUNTING AND FINANCIAL MANAGEMENTDIVISION BEFORE THE LEGISLATION AND NATIONAL SECURITY SUBCOMMITTEE, HOUSE COMMITTEE ON GOVERNMENTOPERATIONS ON FEDERAL AGENCIES' BILL PAYING PERFORMANCE Mr. Chairman We are of whether more than purchases...
Date April 1, 1983 Report No. GGD-83-38 Title

Financial Management: The District of Columbia Can Pay More Vendors on Time

d4igY&z ii’ THE US’GENERAL ACCOUNTING OFFICE Report To The Mayor. Of 5 . I I c The District Of Columbia The District Of Columbia Can Pay More Vendors On Time GAO estimates that in fiscal year 1981 only 28 percent of the District’s bills were paid within 30 days because District agencies were slow in processing payment documents. As a result, about 8383,DOD in purchase discounts were test. La...
Date Jan. 3, 1983 Report No. PLRD-83-28 Title

Government Operations: Evaluation of Air Force Academy Award for Lock Boxes

UNITED STATES GENERAL ACCOUNTINGOFFICE WASHINGTON, DE. 20548 PROClJHEMENT, AND REAOINESS L00lSTICS, OIVISION B-209993 The Honorable William V. Roth, Jr. Chairman, Committee on Governmental Affairs United States Senate Dear Mr. Chairman: Subject: Evaluation of Air (GAO/PLRD-83-28) Force JANUARY 3,1983 Ill lllllllllllllll 120269 Academy Award for Lock Boxes you asked us to review the In your August ...
Date April 20, 1982 Report No. 120276 Title

Government Operations: Limited Survey of Contract Award and Administrative Procedures at Fort Carson

e L. UNITED STATES GENERAL ACCOUNTING OFFICE REGIONAL SUITE 300-D, 2420 W. OFFICE 26YH AVENUE DENVER, COLORADO 80211 blajor General John W. Hudachek Commanding General Headquarters, Fort Carson and 4th Infantry Division Fort Carson, Colorado 80913 Dear General Hudachek: R 120276 We have completed a limited survey of contract award and administrative procedures at Fort Carson. Our survey objective ...
Date Nov. 2, 1981 Report No. B-204163 Title

Government Operations: [Comments of a Proposed Amendment to Federal Procurement Regulations]

UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 Z OFFICE OF GENERAL COUNSEL November 2, 1981 B-204163 Mr. Philip G. Read Director Federal Procurement Regulations Directorate Office of Acquisition Policy General Services Administration Dear Mr. Read: By letter dated July 20, 1981, you requested our comments on a proposed amendment to Federal Procurement Regulations (FPR). The amendme...
Date Nov. 2, 1981 Report No. B-204190 Title

National Defense: [Comments on a Proposed Amendment to Defense Acquisition Regulation]

UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 OFFICE OF GENERAL COUNSEL B-204190 November 2, 1981 Mr. James T. Brannan Director Defense Acquisition Regulatory Council Office of the Under Secretary of Defense for Research and Engineering Dear Mr. Brannan: By letter dated July 31, 1981, you requested our comments on a proposed amendment to Defense Acquisition Regulation § 2-407.3. ...
Date Oct. 8, 1981 Report No. AFMD-82-1 Title

Financial Management: Actions To Improve Timeliness of Bill Paying by the Federal Government Could Save Hundreds of Millions of Dollars

UNITEDSTATES GENERALACCOUNTING OFFICE WASHINGTON, D-C. 20548 AecouuTl?40 Au0 ClNAuclU MAUAOEMCUT DIVIWOU B-204733 The Honorable David A. Stockman Office of Management Director, and Budget The Honorable The Secretary Subject: Donald T. Regan of the Treasury OCTOBER 8,198l illlllllIIH II ll 116593 Actions to Improve Timeliness of Bill Paying by the Federal Government Could Save Hundreds of Millions ...
Date May 13, 1981 Report No. 115308 Title

Financial Management: Improving the Government's Bill Payment Performance

UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 FOR RELEASE ON DELIVERY EXPECTED BY 2:30 AM WEDNESDAY,MAY 13, 1981 STATEMENTOF lllllllllllllll 115308 DONALD L. SCANTLEBURY DIVISION DIRECTOR AND CHIEF ACCOUNTANTOF GAO ACCOUNTING AND FINANCIAL MANAGEMENT DIVISION BEFORE THE SUBCOMMITTEEON FEDERAL EXPENDITURES, RESEARCHAND RULES OF THE _ SENATE COMMITTEE ON GOVERNMENTAL AFFAIRS ON IMPR...
Date April 3, 1980 Report No. PSAD-80-30 Title

Government Operations: Purchase Price of Strategic Petroleum Reserve Oil Fair but Payment Timing Is Costly

. !I/W? BY THE COMPTROLLEi GiNERAL OF THE UNITEDSTATES F Report ToThe Congress a Purchase Price Of Strategic Petroleum Reserve Oil Fair But Payment Timing Is Costly The Defense Fuel Supply Center does a good job of negotiating competitive market prices for Strategic Petroleum Reserve crude oil purchases. However, new Treasury policies, which preclude paying bills before they are due and taking pro...
Date July 17, 1978 Report No. FGMSD-78-43 Title

Financial Management: Army Commissary Accounting for Gains and Losses Needs Improvement

DOCUMENT 32SLLE 06512 - rB20070221 Army Commissary Accounting for Gains and Losses Needs ImprovementC. YGMSD-78-43; E-146875, July 17, 1578. i pp. appendices (13 pp.). + 2 ieieort to the Conqress; by Elmer B. Etaats, Comptroller General. Issue Area: Accounting and Financial Reporting 42800). Contact: Financial aad General Management Studies Div. Budget Function: National Defense: Department of Def...
Date April 27, 1972 Report No. 092380 Title

Financial Management: Potential Benefit From Considering Discounts for Prompt Payment

UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 APR 2? 1972 RESOURCES AND ECONOMIC DEVELOPMENT D!VISION Dear Mro Frick: This is in further reference to our examination of the accounts of the Commodity Credit Corporation (CCC) for the fiscal year 1971 made pursuant to the Government Corporation Control Act (31 UoS.C. 841). On the basis of some supplementary work which we performed du...