Federal Power

Recovery of Federal Investment in Hydropower Facilities in the Pick-Sloan Program Gao ID: T-RCED-96-142 May 2, 1996

This testimony discusses the requirements under the Pick-Sloan Program for the Western Power Administration to repay the federal investment in the program's hydropower facilities. GAO reviewed the effect of policies under which repayment of part of the federal investment is deferred. GAO presents information on (1) the amount of this investment that may not be recovered under the current repayment criteria and (2) potential actions for recovering the investment.



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