Wednesday, August 8, 2012

New GAO Report Takes Aim at Federal Property Management

On Wednesday, the U.S. Government Accountability Office (GAO) issued a new report on federal real property management that finds major deficiencies in management and decision making related to divesting excess and underutilized property. Here's a brief summary of the highlights:
The Federal Real Property Council (FRPC) has not followed sound data collection practices in designing and maintaining the Federal Real Property Profile (FRPP) database, raising concern that the database is not a useful tool for describing the nature, use, and extent of excess and underutilized federal real property. For example, FRPC has not ensured that key data elements—including buildings' utilization, condition, annual operating costs, mission dependency, and value—are defined and reported consistently and accurately. GAO identified inconsistencies and inaccuracies at 23 of the 26 locations visited related to these data elements (see the fig. for an example). As a result, FRPC cannot ensure that FRPP data are sufficiently reliable to support sound management and decision making about excess and underutilized property.

Read more: http://reason.org/blog/show/gao-federal-real-property

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