Federal Real Property: Strategic Partnerships and Local Coordination Could Help Agencies Better Utilize Space

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By David J. Wise (au)
Year: 2012
Pages: 46
Binding Paperback
ISBN 978-1-4578-3957-3

Product Code: 1457839571

Description

The federal government's real property inventory includes nearly 400,000 owned and leased buildings located throughout the country. The federal government retains more owned property than it needs while simultaneously leasing property from other entities, a practice that results in millions of dollars of additional costs to the federal government. In addition to an overreliance on leasing, federal agencies continue to face long-standing problems, such as excess and underutilized property and protecting federal facilities. Because of these issues, GAO has designated the management of federal real property as a high-risk area. There are current efforts promoting colocation -- moving federal operations from one stand-alone location to a federal location occupied by another entity -- and real property management reform.This report addresses:(1) whether the potential for colocation exists and, if so, what factors can affect that potential; (2) the potential benefits of colocation; and (3) the challenges associated with colocation and what solutions, if any, might help mitigate these challenges. Figures. This is a print on demand report.

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