General Services Commission
An Audit Report on Contract Administration at the State Energy Conservation Office of the General Services Commission (Petroleum Violation Escrow Funds)
January 1998
Report Number 98-014
Overall Conclusion
The State Energy Conservation Office (Energy Office) of the General Services Commission needs to improve fiscal management of the LoanSTAR Revolving Loan Program to ensure that it meets statutory requirements. The LoanSTAR Revolving Loan Program was established to finance energy efficient retrofits for state agencies, hospitals, public schools, and private industry. The LoanSTAR Revolving Loan Program allows borrowers to repay the loans through energy cost savings realized from the projects financed through the program. We also identified opportunities for the Energy Office to improve some of its contract administration practices.
Key Facts and Findings
Fiscal management of the LoanSTAR Revolving Loan Program should be improved to ensure it meets statutory requirements.
Contract administration practices should be enhanced.
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