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Federal-aid highways : FHWA has improved its risk management approach, but needs to improve its oversight of project costs.
  • Published Date:
    2009-07-01
  • Language:
    English
Filetype[PDF-786.18 KB]


Details:
  • Publication/ Report Number:
    GAO-09-751
  • Resource Type:
  • Geographical Coverage:
  • OCLC Number:
    668435213
  • NTL Classification:
    NTL-ECONOMICS AND FINANCE-Funding ; NTL-ECONOMICS AND FINANCE-ECONOMICS AND FINANCE ; NTL-HIGHWAY/ROAD TRANSPORTATION-HIGHWAY/ROAD TRANSPORTATION ; NTL-LAWS AND REGULATIONS-Federal Laws ; NTL-PLANNING AND POLICY-PLANNING AND POLICY
  • Format:
  • 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.

  • Supporting Files:
    No Additional Files
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