Federal-aid highways : FHWA has improved its risk management approach, but needs to improve its oversight of project costs.

Details

• Alternative Title:
  Federal aid highways : Federal Highway Administration has improved its risk management approach, but needs to improve its oversight of project costs ; FHWA has improved its risk management approach, but needs to improve its oversight of project costs ; FHWA oversight
• Corporate Creators:
  United States. Government Accountability Office
• Subject/TRT Terms:
  Federal Aid To Transportation--United States Finance Government Funding Roads Roads--United States--States--Finance Subsidies
• Publication/ Report Number:
  GAO-09-751
• Resource Type:
  Proceedings
• Geographical Coverage:
  United States
• Corporate Publisher:
  United States. Government Accountability Office
• Abstract:
  The federal-aid highway program
  
  provides about $33 billion a year to
  
  states for highway projects. The
  
  federal government provides
  
  funding for and oversees this
  
  program, while states largely
  
  choose and manage the projects.
  
  As requested, GAO reviewed the
  
  Federal Highway Administration’s
  
  (FHWA) implementation of several
  
  requirements in the Safe,
  
  Accountable, Flexible, Efficient
  
  Transportation Equity Act: A
  
  Legacy for Users (SAFETEA-LU):
  
  (1) oversight of states using a risk
  
  management approach; (2) efforts
  
  to develop minimum standards for
  
  estimating project costs, and
  
  periodically evaluate states’ cost
  
  estimating practices; and
  
  (3) reviews of states’ financial
  
  management systems. GAO also
  
  reviewed FHWA’s policy on
  
  presenting an estimate of financing
  
  costs in financial plans for major
  
  projects (i.e., projects estimated to
  
  cost over $500 million). GAO
  
  reviewed FHWA plans, risk
  
  assessments, reviews, and other
  
  documents; visited five FHWA field
  
  offices and reviewed financial
  
  management reviews in an
  
  additional five field offices; and
  
  interviewed FHWA officials.
  
  
• Format:
  PDF
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha256:3f916e561e64e0500586ef5259b285cae8960304437b7ce6e9acfe43e0b41559
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/17398/dot_17398_DS1.pdf
• File Type:
  [PDF - 786.18 KB ]