by Mindy Aguon
Guam - The Department of Public Works' Building Permits & Inspection Section needs significant supervision, monitoring and internal controls to stop the considerable loss of revenues and opportunities. An audit released today shows that there were inconsistencies in the assessment and application of fees that resulted in close to $200,000 in lost revenues.
The review also noted that more than a half-million dollars was lost for a building permit that was issued in July of last year for a building that was estimated to cost $124 million. There was also a lack of documentation to justify why $71,000 in fees were waived.