GAO Releases Review Of USPS Capital Spending Processes

From the Government Accountability Office: GAO was asked to review USPS’s capital-spending plans and examine how its capital-spending processes address uncertainties and risks. This report: (1) describes USPS’s projected capital spending over the next 10 years and (2) assesses whether USPS’s processes support its ability to address uncertainties and risks that affect its capital spending.

GAO reviewed USPS data and information on actual capital spending from fiscal years 2007 to 2017 and projected capital spending for fiscal years 2018 through 2028. GAO also reviewed USPS reports on 14 approved capital projects in fiscal years 2017 and 2018, selected to provide a mix of project type and value; examined documentation related to USPS’s processes that affect capital spending and compared USPS’s processes to internal control standards adopted by USPS; and interviewed USPS officials.

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