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Capitol Visitor Center: Update on Status of Project's Schedule and Cost as of April 15, 2008.


GAO-08-677T April 15, 2008

This testimony is based on GAO's review of schedules and financial reports for the Capitol Visitor Center (CVC See CSC. ) project and related records maintained by AOC AOC,
n an acronym for the Aromatherapy Organizations Council.
 and its construction management contractor, Gilbane Building Company; GAO's observations on the progress of work at the CVC construction site; and GAO's discussions with the CVC team (Architect of the Capitol Established as a permanent office in 1876 (40U.S.C.A. §§ 162, 163), the architect of the capitol oversees the mechanical and structural maintenance of the Capitol, the conservation and care of works of art in the building, the upkeep and improvement of the Capitol grounds, and  (AOC) and its major CVC contractors) and AOC's Chief Fire Marshal. GAO also reviewed AOC's construction management contractor's periodic schedule assessments, proposed change order log, and weekly reports on construction progress. In addition, GAO reviewed the contract modifications made to date.

Since the March 12, 2008, CVC hearing, the project's construction and fire alarm acceptance testing have moved forward, and despite continued delays in certain CVC and expansion space work, AOC still believes that the project will be ready to open in November 2008. According to AOC's construction management contractor, in dollar terms, the overall CVC project remains 99 percent complete. However, risks to the project's schedule remain in several time-critical activities, including the fire alarm acceptance testing. Many punch list items also remain to be completed, and a steady number of proposed change orders have to be resolved. At this time, however, AOC does not expect the punch list items or the proposed change orders to affect the project's completion date.

Categories: Government Operations, Accountability, Construction contracts, Contract administration, Contract modifications, Cost analysis, Cost overruns, Facility construction, Federal facilities, Federal funds Federal Funds

Funds deposited to regional Federal Reserve Banks by commercial banks, including funds in excess of reserve requirements.

Notes:
These non-interest bearing deposits are lent out at the Fed funds rate to other banks unable to meet overnight reserve
, Future budget projections, Public visitor-centers, Risk assessment, Schedule slippages, Strategic planning, Capitol Visitor Center Project
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Publication:General Accounting Office Reports & Testimony
Date:May 1, 2008
Words:257
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