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Federal Real Property: An Update on High Risk Issues

GAO-09-801T Published: Jul 15, 2009. Publicly Released: Jul 15, 2009.
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Highlights

In January 2003, GAO designated federal real property as a high-risk area because of long-standing problems with excess and underutilized property, deteriorating facilities, unreliable real property data, over-reliance on costly leasing, and security challenges. In January 2009, GAO found that agencies have taken some positive steps to address real property issues but that some of the core problems that led to the designation of this area as high risk persist. This testimony focuses on (1) progress made by major real property-holding agencies to strategically manage real property, (2) ongoing problems GAO has identified in recent work regarding agencies' efforts to address real property issues, and (3) underlying obstacles GAO has identified through prior work as hampering agencies' real property reform efforts governmentwide.

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Topics

Data collectionFacility securityFederal facilitiesFederal propertyFederal property managementInternal controlsLeasesObsolete facilitiesPlanningPropertyProperty and supply managementProperty depreciationProperty disposalReal estate leasesReal propertyReporting requirementsRisk assessmentRisk factorsRisk managementSchedule slippagesStrategic planning