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GAO Finds Inaccuracies In GSA Real Estate Data

1 min read

The General Services Administration does not have the right data to determine how many federal properties can be sold, according to a recent audit as reported by GovExec.

The Government Accountability Office found that data on 23 out of 26 locations GSA surveyed had errors in property and centrality values.

In response to the audit, GSA reported it will save $118 million from four new construction projects over a 30-year period.

This report comes shortly after John Mica (R-Fla.), chairman of the House Transportation and Infrastructure Committee, criticized GSA for not selling enough unused federal buildings.

According to GAO, the Federal Real Property Council applied unsound data collection practices in maintaining its profile database.

Auditors recommended GSA and the Office of Management and Budget work with the FRPC to develop a strategy in managing underutilized federal properties and data collection techniques.

Earlier this year, OMB announced that the government has saved $5.5 billion in real estate costs for this year alone.

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