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Office of Inspector General |
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Title: | Reauthorization of the Maritime Administration |
Date: | June 21, 2000 |
Type: | Audit |
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. |
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