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GAO’s Real Property Challenge: Mission Possible?
In a January 2007 update, GAO chose to keep federal real property on its High-Risk Series. GAO advised that “the Office of Management and Budget (OMB) and agencies, through the Federal Real Property Council, will need to focus on developing strategies” to overcome obstacles that keep real property on the list.
VISTA President and CEO David Baxa explains why OMB and the FRPC may have been handed a nearly impossible challenge.
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Three Questions with Carolyn Austin-Diggs
Carolyn Austin-Diggs is the Director, Office of Asset Management and Senior Real Property Officer for the Department of the Treasury. She recently spoke with the editors of “Managing Change” about the importance of Real Property Asset Management within the Department of the Treasury.
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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.
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