Download or read book District of Columbia status of the new convention center project written by and published by DIANE Publishing. This book was released on with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book District of Columbia written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-02-03 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: District of Columbia: Status of Construction of the Convention Center
Download or read book District of Columbia written by United States. General Accounting Office and published by . This book was released on 1996 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book District of Columbia written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-06-12 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: District of Columbia: Status of the New Convention Center Project
Download or read book District of Columbia written by and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book District of Columbia written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pursuant to a congressional request, GAO provided a status report on the construction of the new Washington Convention Center, focusing on: (1) the status of the project; (2) changes in the Washington Convention Center Authority's (WCCA) estimated project costs and financing plan since GAO's last report; and (3) actual expenditures and collection of dedicated taxes. GAO noted that: (1) in March 1999, work started on slurry wall construction, site excavation, and removal of contaminated soil; (2) based on information provided by WCCA officials as of June 1999, total estimated project costs decreased $55 million from $846 million to $791 million; (3) this decrease was due to reduced financing-related costs, which resulted primarily from the purchase of a surety bond covering debt servicing instead of funding the initially planned for Debt Service Reserve Fund; (4) WCCA estimated the total construction cost of the project at $714 million--$6.3 million, or less than 1 percent, more than the June 1998 estimate; (5) the $6.3 million increases to $24 million the estimated value of equipment that WCCA anticipates being provided by vendors at no initial cost to WCCA; (6) however, WCCA remains at risk for the cost of the equipment until contracts are executed with vendors; (7) within the $714 million construction cost estimate, WCCA made a number of changes, increasing the estimated cost of some project components and decreasing others to reflect more current data; (8) proceeds from the September 1998 bond sale covered about 66 percent of the $791 million June 1999 project cost estimate; (9) WCCA's financing plan covered the remaining cost through dedicated taxes over the 4-year construction period, anticipated interest earnings, anticipated federal grants, and reliance on vendors to provide without cost, equipment that WCCA estimates would cost $24 million--an amount for which WCCA is at risk until such time that there are executed contracts to cover these arrangements; (10) dedicated tax collections for the first 10 months of fiscal year 1999 were $42.2 million--a little higher than the amount assumed in the bond offering documents prorated for the same period; (11) in addition to the amounts already collected, WCCA may receive some portion of amounts in the lockbox exceptions account; (12) these amounts cannot be determined until all collections held in the lockbox exceptions account have been appropriately allocated by the District of Columbia and appropriate amounts transferred to WCCA; and (13) WCCA's share of interest earnings on amounts in the exceptions account cannot be determined until the District determines the appropriate allocation.
Download or read book District of Columbia Status of the Proposed New Convention Center Project written by and published by . This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book District of Columbia written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new convention center is being constructed in accordance with the Washington Convention Center Authority Act of 1994, which authorizes the Washington Convention Center Authority (WCCA) to construct, maintain, and operate a new convention center while continuing to maintain and operate the existing convention center. GAO reviewed (1) issues related to the Revised Guaranteed Maximum Price agreement (RGMP) set in January 2002; (2) the status of construction and significant construction issues that could delay completion of the project; (3) whether the January 2002 estimated total project cost of $799.5 million has changed, and if so, the causes and nature of the changes; and (4) whether WCCA's funding appears to be sufficient to cover the current estimated total project cost. GAO found that on January 31, 2002, the RGMP was set by the construction manager and WCCA at $590.7 million. As of June 30, 2002, the RGMP has increased by $7 million to $597.7 million. The project construction schedule established by the RGMP includes deadlines for (1) substantial completion of convention-ready areas by March 31, 2002; (2) substantial completion of all remaining areas by June 30, 2003; and (3) final completion by October 1, 2003. As of July 2002, the convention center construction activities were 80 percent complete. Although WCCA is behind schedule and has identified several significant construction issues, it is working to address these issues. A critical milestone that must be achieved for WCCA to maintain the construction schedule is completing the facility's exterior shell, which is anticipated to occur in December 2002. According to WCCA, the total estimated project cost remained at $799.5 million as of June 2002. However, WCCA has identified several factors that will increase the project cost. The estimated project funding available as of June 30, 2002, was $822.5 million, which is $6.8 million more than the $815.7 million projected as available during June 2002. WCCA officials said that they believe the available funding will be sufficient to cover the total estimated project costs.
Download or read book District of Columbia written by United States. General Accounting Office and published by . This book was released on 1996 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Status of Construction of the Convention Center written by United States. Congress. House. Committee on Government Reform. Subcommittee on the District of Columbia and published by . This book was released on 2003 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book District of Columbia written by Gloria L. Jarmon and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book District of Columbia written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-05-23 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: District of Columbia: Status of Convention Center Project
Download or read book Aimd Oce 98 238 District of Columbia written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-02-09 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: AIMD/OCE-98-238 District of Columbia: Status of the New Convention Center Project
Download or read book District Of Columbia Status Of The New Convention Center Project 160814 U S GAO July 15 1998 written by and published by . This book was released on 1999* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Status of Construction of the Convention Center written by United States. Congress. House. Committee on Government Reform. Subcommittee on the District of Columbia and published by . This book was released on 2003 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book District of Columbia written by and published by . This book was released on 1997 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book DISTRICT OF COLUMBIA STATUS OF THE NEW CONVENTION CENTER PROJECT 162779 U S GAO SEPTEMBER 28 1999 written by and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
