ABOUT   
Reports > USPTO Annual Reports
Collage showing images with one-word descriptors from the U S P T O Fiscal Year 2009 Performance and Accountability Report cover that reinforces the report’s tagline of Today’s Challenges – Tomorrow’s Solutions.
Performance and Accountability Report Fiscal Year 2009
Financial Section

Table of Contents | Management | Financial | Auditor | IG | Other

Note 14. Commitments and Contingencies

Commitments

In addition to the future lease commitments discussed in Note 8, the USPTO is obligated for the purchase of goods and services that have been ordered, but not yet received. Total undelivered orders for all of the USPTO’s activities were $192,549 thousand and $341,794 thousand as of September 30, 2009 and 2008, respectively. Of these amounts, $179,487 thousand and $333,805 thousand, respectively, were unpaid.

Contingencies

The USPTO is a party to various routine administrative proceedings, legal actions, and claims brought by or against it, including threatened or pending litigation involving labor relations claims, some of which may ultimately result in settlements or decisions against the Federal Government.

As of September 30, 2009, management expects it is reasonably possible that approximately $82,676 thousand may be owed for awards or damages involving labor relations claims. As of September 30, 2008, management expects it is reasonably possible that approximately $78,200 thousand may be owed for awards or damages involving labor relations claims.

The USPTO is subject to suits where adverse outcomes are probable and claims are $1,400 thousand as of September 30, 2009 and 2008, respectively.

For the year ended September 30, 2009, the USPTO was required to make one payment totaling $5 thousand to the Judgment Fund. For the year ended September 30, 2008, the USPTO was required to make two payments totaling $45 thousand to the Judgment Fund.

An investigation was completed in FY 2009 into the validity of certain refund transactions processed in previous fiscal years. The investigation identified the misappropriation of funds by an employee. Thirty-two transactions totaling $534 thousand were identified. In the event of a valid claim by a customer deposit account holder, the USPTO will be liable to replenish the appropriate accounts.

< Previous Page | Next Page >

Is there a question about what the USPTO can or cannot do that you cannot find an answer for? Send questions about USPTO programs and services to the USPTO Contact Center (UCC). You can suggest USPTO webpages or material you would like featured on this section by E-mail to the webmaster@uspto.gov. While we cannot promise to accommodate all requests, your suggestions will be considered and may lead to other improvements on the website.


.|HOME | SITE INDEX| SEARCH | eBUSINESS | HELP | PRIVACY POLICY