**GAO-07-349**                      Published: Apr 13, 2007. Publicly Released: Apr 13, 2007.                  

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## Highlights

GAO prepared this report under the Comptroller General's authority to conduct evaluations on his own initiative to assist Congress. Federal real property is a high-risk area due to excess and deteriorating property, reliance on costly leasing, unreliable data, and security challenges. GAO's objectives were to determine (1) what progress the administration and major real property-holding agencies have made in strategically managing real property and addressing long-standing problems and (2) what problems and obstacles, if any, remain to be addressed. GAO reviewed documents and interviewed officials from the Office of Management and Budget (OMB) and nine agencies that hold 93 percent of federal property.

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## Topics

Government Operations

Federal agenciesFederal propertyFederal property managementInventory controlProperty disposalReal propertyStandardsStrategic planningSurplus propertyAsset management