Space Projects: Improvements Needed in Selecting Future Projects for Private Financing
NSIAD-90-147
Published: Sep 21, 1990. Publicly Released: Sep 21, 1990.
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Highlights
GAO assessed the National Aeronautics and Space Administration's (NASA) efforts to find acceptable private financing sources for seven space projects.
Recommendations
Recommendations for Executive Action
| Agency Affected | Recommendation | Status |
|---|---|---|
| National Aeronautics and Space Administration | The Administrator, NASA, should establish and consistently apply appropriate screening criteria to identify projects for commercialization. |
Closed – Implemented
NASA established selection criteria as recommended by GAO.
|
| National Aeronautics and Space Administration | The Administrator, NASA, in consultation with OMB, should keep such projects in the budget until they are adequately evaluated and determined to be private financing candidates and private financing is found or judged to be highly likely. |
Closed – Implemented
NASA agreed that items will stay in budget as recommended by GAO.
|
| National Aeronautics and Space Administration | The Administrator, NASA, should ensure that financing options for future commercialization projects are properly analyzed. |
Closed – Implemented
NASA agreed to action as recommended by GAO.
|
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Topics
Aerospace researchCooperative agreementsCost analysisFinancial analysisInterest ratesPrivate sectorProgram evaluationResearch program managementSpace explorationTechnology transfer