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<classification authority="sudocs">GA 1.13:GAO-07-17</classification>
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 <subject>Brokerage industry</subject>
 <subject>Conflict of interests</subject>
 <subject>Contract administration</subject>
 <subject>Evaluation criteria</subject>
 <subject>Financial analysis</subject>
 <subject>Internal controls</subject>
 <subject>Performance measures</subject>
 <subject>Real estate leases</subject>
 <subject>Safeguards</subject>
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<titleInfo>
 <title>GSA Leasing: Initial Implementation of the National Broker Services Contracts Demonstrates Need for Improvements</title>
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<abstract>The General Services Administration (GSA) provides leased space
to over 55 percent of federal employees at an annual cost of $3.6
billion. In 2004, GSA awarded four contracts for national broker 
services (NBS). Performance of the contracts began on April 1,	 
2005. This report focuses on GSA&apos;s administration of the leasing 
contracts for the first contract year, ending March 31, 2006, and
addresses, among other matters, (1) how GSA is attempting to	 
prevent conflicts of interest in the NBS leasing program and to  
safeguard its information; (2) what, if any, savings have accrued
to the government; and (3) how GSA is distributing its leasing	 
workload among the brokers. To address these matters, GAO, among 
other actions, analyzed the contracts; GSA&apos;s contract		 
administration guide; and GSA&apos;s policies, procedures, and	 
controls related to these matters.</abstract>
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 <searchTitle>GAO-07-17; GSA Leasing: Initial Implementation of the National Broker Services Contracts Demonstrates Need for Improvements;
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 <topic>Brokerage industry</topic>
 <topic>Conflict of interests</topic>
 <topic>Contract administration</topic>
 <topic>Evaluation criteria</topic>
 <topic>Financial analysis</topic>
 <topic>Internal controls</topic>
 <topic>Performance measures</topic>
 <topic>Real estate leases</topic>
 <topic>Safeguards</topic>
 <topic>Policies and procedures</topic>
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