GAO prepared this report under the Comptroller General's authority to conduct evaluations on his own initiative to assist Congress. Federal real property is a high-risk area due to excess and deteriorating property, reliance on costly leasing, unreliable data, and security challenges. GAO's objectives were to determine (1) what progress the administration and major real property-holding agencies have made in strategically managing real property and addressing long-standing problems and (2) what problems and obstacles, if any, remain to be addressed. GAO reviewed documents and interviewed officials from the Office of Management and Budget (OMB) and nine agencies that hold 93 percent of federal property.
Recommendations for Executive Action
|Deputy Director for Management||1. The Deputy Director for Management, OMB, in conjunction with the Federal Real Property Council (FRPC), should develop a framework that agencies can use to better ensure the validity and usefulness of key real property data in the Federal Real Property Profile. At a minimum, the framework would suggest standards for frequency of validation methods, error tolerance, and reporting on reliability.|
|Deputy Director for Management||2. The Deputy Director for Management, OMB, in conjunction with the Federal Real Property Council (FRPC), should develop an action plan for how the FRPC will address key problems, including the continued reliance on costly leasing in cases where ownership is more cost effective over the long term, the challenges of securing real property assets, and reducing the effect of competing stakeholder interests on businesslike outcomes in real property decisions.|
|Deputy Director for Management||3. The Deputy Director for Management, OMB, in conjunction with the Federal Real Property Council (FRPC), should establish a clearer link or crosswalk between agencies' efforts under the real property initiative and broader capital planning guidance.|