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Dave Wise: How can GSA get 251 money pits back on solid ground?

The General Services Administration has 251 buildings in its real estate portfolio that consistently underperform financially. The Government Accountability Off...

August 11, 2015 4:59 pm

< a min read

The General Services Administration has 251 buildings in its real estate portfolio that consistently underperform financially. The Government Accountability Office says 116 of those buildings lose nearly $36 million a year on average. And 33 are responsible for 93 percent of GSA's overall loss. Dave Wise is director of physical infrastructure issues at the Government Accountability Office. He tells In Depth with Francis Rose that some agencies have challenges that are out of their control.