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Corporate Author United States. Government Accountability Office.

Title Federal real property [electronic resource] : Government's fiscal exposure from repair and maintenance backlogs is unclear : report to the Committee on Oversight and Government Reform, House of Representatives.

Imprint [Washington, D.C.] : U.S. Govt. Accountability Office, [2008]

Copies

Location Call No. OPAC Message Status
 Axe Federal Documents Online  GA 1.13:GAO-09-10    ---  Available
Description ii, 31 p. : digital, PDF file
System Details System requirements: Adobe Acrobat Reader.
Mode of access via the GAO web site.
Note Title from title screen (viewed on Nov. 20, 2008).
"October 2008."
Summary In 2003, GAO designated federal real property as a high-risk area. In 2007, GAO reported that real-property-holding agencies and the administration had made progress toward managing their real property, but underlying problems, such as backlogs in repair and maintenance, still existed and six agencies reported having over $1 billion in repair and maintenance backlogs. Owning real property creates a fiscal exposure for the government from the expectation that agencies will incur future maintenance and operations costs. GAO was asked to (1) describe how six agencies estimate their repair and maintenance backlogs, (2) determine how these agencies manage their backlogs and the expected future changes in these backlogs, and (3) identify how backlogs have affected operations at some sites. To provide a realistic estimate of the government's fiscal exposure from backlogs, GAO recommends that the Office of Management and Budget (OMB), in consultation with the Federal Accounting Standards Advisory Board, explore the potential for adding a uniform reporting requirement to the Federal Real Property Profile to capture the government's fiscal exposure related to real property repair and maintenance.
Bibliography Includes bibliographical references.
Note "GAO-09-10."
Subject Administrative agencies -- United States -- Rules and practice.
Government property -- United States -- Maintenance and repair.
Real property -- Maintenance and repair -- Evaluation.
Added Author United States. Congress. House. Committee on Oversight and Government Reform.
Added Title Government's fiscal exposure from repair and maintenance backlogs is unclear
Gpo Item No. 0546-D (online)
Sudoc No. GA 1.13:GAO-09-10

 
    
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