Concessions Contracting: Governmentwide Rates of Return

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DIANE Publishing, 1996 - 44 pages
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27 of the 75 federal departments & agencies have concessions agreements. This report determines the extent of the concessions operations in the government. Discusses the rate of return to the government from concessions operations & factors that affected the rate of return. Analyzes how the federal rate of return from concessions compared to rates earned by other governments & the extent of the agencies' income generating operations that were not concession & whether they offered opportunities for the agencies to handle them as concessions.
 

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Contents

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IV
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VIII
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Page 36 - ... congressional district is bounded by the great Columbia and Snake Rivers and holds several large Federal reclamation projects, all contributing materially to the economy of the State of Washington, the Pacific Northwest, and to the Nation. In my statement, I will refer to those projects administered by the Department of the Army, Corps of Engineers ; the Department of the Interior, Bureau of Reclamation; and the Bonneville Power Administration which distributes electric energy from both public...
Page 36 - Smithsonian, and the Department of the Interior's National Park Service and Fish and Wildlife Service.
Page 14 - Businesses are reluctant to expend time and money preparing bids in a process where the award is most likely going to the incumbent contractor.
Page 2 - ... behind the return experienced by any of a variety of other government entities. Notably, the report makes the following statements: • Analysis... showed a rate of return of 2.8 percent for the six land management agencies' concessions and 9.2 percent for non-land management agencies' concessions • When the federal agencies reported that they competed fees for concessions agreements, the rate of return was 5.1 percent, compared to a 2.0 percent rate when agencies reported that they did not...
Page 15 - ... interest: • Officials from the four states and Canada said their regulations do not allow concessioners to acquire possessory interests. According to the officials, concessioners are given enough time to make a profit and amortize their investments, but the maximum term of the contract is 20 years. • New and extended agreements granting possessory interest resulted in a rate of return of 3.8 percent, and those without . . . resulted in a rate of return of 4.5 percent.
Page 22 - X Federal Housing Finance Board X Federal Labor Relations Authority X Federal Maritime Commission X Federal Mediation and Conciliation Service X Federal Mine Safety and Health Review Commission X Federal Reserve...
Page 15 - ... expend time and money preparing bids in a process where the award is most likely going to the incumbent contractor. • New agreements with preferential right... resulted in a 3.8 percent rate of return, and those without... resulted in a rate of return of 6.4 percent. On possessory interest: • Officials from the four states and Canada said their regulations do not allow concessioners to acquire possessory interests. According to the officials, concessioners are given enough time to make a...
Page 23 - X National Aeronautics and Space Administration X National Archives and Records Administration X National Capital Planning Commission X National Credit Union Administration X National Endowment for the Arts X National Endowment for the...
Page 3 - ... agencies reported that they did not use competition • Other governments... including Canada, California, Maryland. Michigan and Missouri reported receiving on average a 12.7 percent rate of return on a range of concessions that were similar • The rate of return on agreements [that allowed agencies] to retain over 50 percent of the fees was 3.3 times the rate on agreements [where] over 50 percent... was to be deposited into the Department of the Treasury as general miscellaneous receipts....
Page 14 - ... agreements, terms of the agreements, or the fees associated with these agreements. For example, under the Concessions Policy Act of 1965, concessioners have the right to be compensated for improvements they construct on federal lands. This right, called "possessory interest," is unique to the Park Service.

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