FEDERAL REAL PROPERTY: Improved Cost Reporting Would Help Decision Makers Weigh the Benefits of Enhanced Use Leasing

Abstract

Agency officials told us that enhanced use leases (EUL) help them utilize their underutilized property better; commonly cited benefits include enhanced mission activities, cash rent revenue, and value received through in-kind consideration. However, some agencies we reviewed do not include all costs associated with their EULs when they assess the performance of their EUL programs. Guidance from the Office of Management and Budget (OMB) does not specify what costs agencies should include in their EUL evaluations, resulting in variance among agencies. For example, the Department of Veterans Affairs (VA) and the Department of State do not consistently attribute EUL-related costs of consultant staff who administer the leases, and VA does not attribute various administrative costs that offset EUL benefits. Without fully accounting for all EUL costs, agencies may overstate the net benefits of their EUL programs.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 2012
Accession Number
AD1180275

Entities

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Biomedical
  • Energy and Power Technologies

DTIC Thesaurus Topics

  • Accountability
  • Accounting
  • Agreements
  • Agriculture
  • California
  • Case Studies
  • Congress
  • Department Of Defense
  • Department Of State
  • Department Of Veterans Affairs
  • Electronic Mail
  • Federal Budgets
  • Financial Management
  • Governments
  • Health Care
  • Homeland Security
  • Law
  • Money
  • National Governments
  • Parking Facilities
  • Research Facilities
  • Test And Evaluation
  • United States
  • United States Government

Fields of Study

  • Political science

Readers

  • Government Contracting/Procurement.
  • Rehabilitation and Prosthetic Care for Military Service Members and Veterans with Limb Loss or Disability.