Long-Term Summit Clients Praised by GAO for Documenting Credible Cost Estimates

Summit is pleased to congratulate our long-term clients, the U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) and Foreign Agriculture Service (FAS), on receiving a positive review of their subsidy cost estimation process and documentation.

In its detailed report, the U.S. Government Accountability Office (GAO) praised the USDA FSA Export Credit Guarantee Program (GSM-102) for properly documenting the key elements of their estimation process to protect valuable institution knowledge and to ensure that subsidy cost estimates are supported, reliable, and reasonable.

Summit is proud to support USDA and other clients in developing successful processes for model documentation.