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Title:Reauthorization of the Maritime Administration
Date:June 21, 2000
Type:Audit
Project ID:MA-2000-093
Summary:On May 16, 2000, at a hearing before the Committee on Commerce, Science, and Transportation, U.S. Senate, we provided testimony on the Reauthorization of the Maritime Administration (MARAD). A copy of our statement is attached for your information. Our testimony addressed the following three issues:

(1) The approval and subsequent default on the Title XI loan guarantee for the Quincy Shipyard in Massachusetts;

(2) MARAD’s growing inventory of obsolete vessels and actions needed to scrap them; and

(3) The need for improved controls related to the administration of contracts for maintaining Ready Reserve Force (RRF) vessels.
Full document: PDF PDF document

Related Information: OIG