Franchise Fee Calculations of Fort Sumter Tours, Inc: Oversight Hearing Before the Subcommittee on National Parks and Public Lands of the Committee on Resources, House of Representatives, One Hundred Sixth Congress, First Session, July 1, 1999, Washington, DC. |
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Common terms and phrases
accounting adjustment administrative agency action Annual Meeting arbitrary and capricious arbitration average balance sheet boat calculation Campsen capital Chairman classified under SIC College of Charleston concession contract concession operations concessionaire Concessioner concessioner's Concessions Policy Act CONGRESS THE LIBRARY D&B Industry Norms debt depreciation district court errors expenses fee increase FFA Proforma financial statements five year period Fort Sumter Tours franchise fee analysis franchise fee determination FST's financial FST's franchise fee FST's profitability GAAP Government gross receipts guidelines HANSEN hereunder income inferences invested June 14 June 22 lease liabilities median mistakes National Park Service non-concession NPS's Office overstated percent performed plaintiff population of businesses probable value Profitability Measures Purchasing quartile Quartile Threshold reconsider reconsideration reported RESS Return on Assets RMA Statement Studies salaries sample Secretary section 9(e SIC code South Carolina statistically invalid Sumter Tours utilized vessel
Popular passages
Page 101 - Franchise fees, however stated, shall be determined upon consideration of the probable value to the concessioner of the privileges granted by the particular contract or permit involved. Such value is the opportunity for net profit in relation to both gross receipts and capital invested.
Page 41 - The Secretary shall exercise his authority in a manner consistent with a reasonable opportunity for the concessioner to realize a profit on his operation as a whole commensurate with the capital invested and the obligations assumed.
Page 91 - An action in a court of the United States seeking relief other than money damages and stating a claim that an agency or an officer or employee thereof acted or failed to act in an official capacity or under color of legal authority shall not be dismissed nor relief therein be denied on the ground that it is against the United States or that the United States is an indispensable...
Page 95 - Consideration of revenue to the United States shall be subordinate to the objectives of protecting and preserving the areas and of providing adequate and appropriate services for visitors at reasonabe rates. Appropriate provisions shall be made for reconsideration of franchise fees at least every five years unless the contract is for a lesser period of time.
Page 15 - Such value is the opportunity for net profit in relation to both gross receipts and capital invested. Consideration of revenue to the United States shall be subordinate to the objectives of protecting and preserving the areas and of providing adequate and appropriate services for visitors at reasonable rates.
Page 305 - We find that the district court did not abuse its discretion in finding that such circumstances did not exist in the instant case.
Page 305 - The issue was whether these experts' opinions were sufficiently supported by the animal studies on which they purported to rely. The studies were so dissimilar to the facts presented in this litigation that it was not an abuse of discretion for the District Court to have rejected the experts
Page 300 - FFC, and upon approval, a copy thereof shall be attached hereto and become a part hereof, as fully as if originally incorporated herein. There shall be added to said survey and inventory from time to time such additional...
Page 14 - Honorable Slade Gorton Chairman, Subcommittee on Interior and Related Agencies Committee on Appropriations United States Senate...
Page 53 - Bradstreet. Inc. does not control and whose Information, unless otherwise indicated in this report, has not been verified . . . Dun & Bradstreet. Inc. . . . does not guarantee the accuracy, completeness, or timeliness of the information provided. I have addressed this at length for a reason.