Longstanding poor management and inconsistent policies are plaguing the federal government's 24 agency buildings, with 17 of those properties currently using 25% of their capacity.
This capacity was measured during a three-week sample period across January, February, and March of 2023. On the higher range, agencies used an estimated 39 to 49 percent of the capacity of their headquarters on average, according to a new report from GAO.
GAO found that federal agencies "have long struggled to determine how much office space they needed to fulfill their missions efficiently."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
