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Diane Publishing Books
U.S. Postal Service: Actions Needed to Strengthen the Capital Investment Process
Lorelei St. James (au)
The U.S. Postal Service (USPS) has reached its statutory borrowing limit and has projected unsustainable losses. GAO's prior work has stated that USPS's financial challenges hinder its ability to make capital investments. This report reviewed USPS's capital investment process. It addresses the extent to which USPS follows leading practices for four phases of capital investments: planning, selecting, managing, and evaluating. The report identified the phases and leading practices primarily by analyzing the Office of Management and Budget's (OMBäó»s) capital investment guide and compared them with USPS's policies and practices. External stakeholders with both public and private-sector experience reviewed the leading practices and found them to be reasonable for USPS. Tables and figures. This is a print on demand report.
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