{"product_id":"military-base-closures-u-s-financial-obligations-in-the-philippines-nsiad-92-51-9781287226383","title":"Military Base Closures: U.S. Financial Obligations in the Philippines: NSIAD-92-51","description":"\u003cp\u003e • Author(s): U. S. Government Accountability Office (\u003cbr\u003e • Publisher: Bibliogov\u003cbr\u003e • Publisher Imprint: Bibliogov\u003cbr\u003e • BISAC: General\u003c\/p\u003e\u003cp\u003ePursuant to a congressional request, GAO determined the potential U.S. financial obligations to the Philippines when the United States closes two military facilities there, focusing on: (1) the costs of separation allowances and contract termination; (2) whether the United States can recover any equipment for reuse elsewhere; and (3) whether the United States has any obligation for environmental cleanup or restoration. \u003cbr\u003e GAO found that: (1) U.S. liabilities for separation allowances totalled approximately $71.3 million, as of March 31, 1991; (2) Air Force and Navy activities underfunded severance pay liabilities by $12.9 million; (3) with the exception of Navy industrial fund's $10.1-million liability, the Department of Defense (DOD) stated that it had sufficient resources available to cover the shortfall; (4) most activities had not set aside funds for the $15.5 million in sick and annual leave liabilities because, under DOD policy, those liabilities are not funded until they are ready to be paid; (5) U.S. liabilities for contract termination costs are estimated to be $3.7 million; (6) the United States has invested $2.199 billion in military facilities in the Philippines, and the Air Force plans to remove 75 percent of the removable property and declare the balance excess to U.S. requirements; and (7) the Air Force and Navy have identified significant environmental damage at the bases, basing agreement does not impose responsibility upon the United States.\u003c\/p\u003e","brand":"Bibliogov","offers":[{"title":"Paperback","offer_id":47596370821271,"sku":"9781287226383","price":1437.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781287226383.webp?v=1774993503","url":"https:\/\/atlanticbooks.com\/products\/military-base-closures-u-s-financial-obligations-in-the-philippines-nsiad-92-51-9781287226383","provider":"Atlantic Books","version":"1.0","type":"link"}