General Services Administration: Management of Silver Spring, Maryland, Metro Center I Federal Office Building

Pursuant to a congressional request, GAO reviewed the General Services Administration's (GSA) management of the Silver Spring Metro Center I (SSMC I) federal office building, focusing on: (1) whether GSA knew about the floor deflection problem in SSMC I prior to its purchase, and if so, ascertain GSA's rationale for purchasing SSMC I; (2) a chronology of SSMC I's problems and GSA's solutions to those problems since SSMC I's purchase; (3) information on GSA's profit/loss from SSMC I's operations since its purchase; and (4) the estimated interest cost the federal government would have incurred if funds used to purchase SSMC I had been borrowed.