Accession Number : ADA310275
Title : Concessions Contracting: DoD Military Exchange Services' Rates of Return.
Corporate Author : GENERAL ACCOUNTING OFFICE WASHINGTON DC GENERAL GOVERNMENT DIV
PDF Url : ADA310275
Report Date : MAY 1996
Pagination or Media Count : 8
Abstract : This report is to provide information on concessions contracting in the Department of Defense's (DOD) three military exchange services. It was determined that (1) the extent of centrally managed concessions operations in DOD'S military exchange services, (2) the rate of return from centrally managed concessions operations and factors that affected the rate of return, and (3) how the exchange services' rates of return compared to other agencies' or governments' rates of return from concessions. The 3 DOD exchange services reported 27 centrally managed concessions agreements in effect during fiscal year 1994. Concessions are generally businesses that use a government's property to provide services to the general public or specific individuals and share the profits with the government. The centrally managed concessions for DOD's exchanges are contracts that are negotiated and procured at the headquarters level. The reported gross revenues from these concessions were $273.5 million in fiscal year 1994. Concessioners paid the exchange services a reported $57.7 million from their concessions revenues, for an overall rate of return of 21.1 percent.
Descriptors : *MILITARY FACILITIES, *COMMERCE, *CONTRACT ADMINISTRATION, *AGREEMENTS, *PROFITS, *REVENUE SHARING, MILITARY FORCES(UNITED STATES), DEPARTMENT OF DEFENSE, POLICIES, COMPETITION, UNITED STATES GOVERNMENT, COMPARISON, RATES, MILITARY PROCUREMENT, BENEFITS, EXCHANGE, NEGOTIATIONS, AWARDS.
Subject Categories : Economics and Cost Analysis
Government and Political Science
Personnel Management and Labor Relations
Distribution Statement : APPROVED FOR PUBLIC RELEASE