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Concessions Contracting: Governmentwide Rates of Return

  Premium   Download PDF Now (48 pages)
Report Type Reports and Testimonies
Report Date April 29, 1996
Report No. GGD-96-86
Subject
Summary:

Under concessions agreements with federal agencies, private firms and other entities, such as local governments, supply many of the services and accommodations available to the public on federal property. Concessions services include food operations, vending machines, retail shops, pay telephones, barber and beauty shops, lodgings, marinas, and campgrounds. This report discusses (1) the extent of concessions operations in the federal government; (2) the rate of return to the federal government from these operations and the factors affecting the rate of return; (3) how the rate of return from federal concessions compared with rates earned by other governments; and (4) the extent of agencies' income-generating operations that were not concessions and whether they offered opportunities for the agencies to handle them as concessions. GAO provides detailed information collected from 75 federal agencies, including one Defense Department component--the Department of the Army Corps of Engineers.

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