Article:
GAO Unconvinced: Real Property Stays on High-Risk List
The Government Accountability Office (GAO) has kept federal real property on its high-risk list, citing “long-standing problems with excess and underutilized property, deteriorating facilities, unreliable real property data, and reliance on costly leasing.”

The determination was just published in GAO’s “High-Risk Series: An Update,” issued January 2007 (Download PDF). “The problems that led to the designation of federal real property as a high-risk area still exist,” said GAO. This article examines GAO’s thinking on the issue.