• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • News
  • Topics
    • Common Sense
    • Congress
    • Debt
    • Government waste
    • Millenials
    • QuizCap
    • Taxes
  • Tools
    • Agencies
    • Memes That Matter
    • Research Library
    • Scavenger Hunt
  • Shop
  • What We’re About
  • Multimedia
  • What We’re About
  • Contact Us
  • Newsletter signup
  • Give to the Cause

FAA Mismanaging Over $37.6 million In Agency Leases

April 11, 2018

Pursuit's Take

In 2017, the Federal Aviation Administration’s (FAA) had $104 million in annual rent, with office and warehouses comprising about three-quarters of that total. That three-quarters represents a potential value of $1.4 billion. However, FAA has not maintained accurate data on its leases or established effective policies and procedures to help ensure its office and warehouse leases are cost-effective.

According to the report, over half of the leases OIG sampled contained data errors, lacks lease efficiency, and has not established sufficient controls to validate lease payments. OIG projects that $37.6 million in funds could have been better used by FAA due to the agency’s management weaknesses and its oversight of FAA-leased offices and warehouses.

Read the full report Artboard 1

sidebar

sidebar-alt

Support Our Work

Federal agencies go largely unchecked, spending at will making use of inflated budgets. While some do very important work, we need to hold them accountable. You can do this by donating, emailing your legislator, or signing our petitions.

Donate Now

Sign Up for Pursuit Updates

Privacy Policy

Powered by the Foundation to Restore Accountability

Search
UNCOVER SOME GOVERNMENT WASTE?
share your opinion

Can you believe the US Government spends more money on it’s cable bill than on disaster relief?

NO! I’M FURIOUS! Eh, sounds right