Federal Buildings Fund (FBF): Improved Transparency and Long-Term Plan Needed to Clarify Capital Funding Priorities

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Our Price: $20.00

By David J. Wise (au)
Year: 2012
Pages: 48
Binding Paperback
ISBN 978-1-4578-3981-8

Product Code: 1457839814

Description

The General Services Admin. (GSA) serves as the primary steward of the federal governmentäó»s civilian real property portfolio of nearly 10,000 assets. Since 1972, GSA has funded its real property acquisition, operation, maintenance, and disposal through the rent it collects from tenant agencies that is deposited into the Federal Buildings Fund (FBF). GAO has previously reported, however, that the FBF has faced difficulty providing sufficient resources to support GSAäó»s mission. This report examines (1) the factors affecting the resources in the FBF; (2) GSAäó»s potential repair liability and the implications for the FBF; and (3) the information GSA considers when evaluating capital investments and how these practices compare to leading practices for prioritizing capital investments. Tables and figures. This is a print on demand report.

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