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 <subject>Federal agencies</subject>
 <subject>Federal property</subject>
 <subject>Federal property management</subject>
 <subject>Inventory control</subject>
 <subject>Property disposal</subject>
 <subject>Real property</subject>
 <subject>Standards</subject>
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<abstract>In January 2003, GAO designated federal real property as a
high-risk area due to long-standing problems with excess and	 
underutilized property, deteriorating facilities, unreliable real
property data, and costly space challenges. Federal agencies were
also facing many challenges protecting their facilities due to	 
the threat of terrorism. This testimony is based largely on GAO&apos;s
April 2007 report on real property high-risk issues (GAO-07-349).
The objectives of that report were to determine (1) what progress
the administration and major real property-holding agencies had  
made in strategically managing real property and addressing	 
long-standing problems and (2) what problems and obstacles, if	 
any, remained to be addressed.</abstract>
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<note>Testimony</note>
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