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Rural Utilities Service: Risk Assessment for the Electric Loan Portfolio

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Report Type Reports and Testimonies
Report Date March 30, 1998
Report No. T-AIMD-98-123
Subject
Summary:

This testimony summarizes GAO's work on the Rural Utilities Service's (RUS) electric loan portfolio and the potential for future losses to the federal government from these loans. (See GAO/AIMD-97-110 and 110A, Sept. 1997.) Although the RUS portfolio contains electricity, telecommunications, and water and waste disposal loans, GAO focuses on electricity loans because they generally pose the greatest risk of loss to the federal government, particularly given the onset of competition in that industry.

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