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GGD-96-10R 1 (1995-12-15)

handle is hein.gao/gaobaclae0001 and id is 1 raw text is: Uited States GAO General Accounting Office Washington, D.C. 20548 General Government Division B-260119 December 15, 1995 The Honorable William S. Cohen Chairman, Subcommittee on Oversight of Government Management and the District of Columbia Committee on Governmental Affairs United States Senate Dear Mr. Chairman: We are writing to you because of your long-standing interest in improving the efficiency and effectiveness of the federal government's property disposition activities. In August 1995, we briefed your office on legislatively mandated work we have carried out that examined the feasibility of consolidating into a single agency the property disposition programs of four federal entities.' In the briefing, we discussed some of the impediments that would need to be addressed by Congress, as well as by any federal entities involved in any such consolidation. These impediments include (1) conflicting legislative requirements, (2) differing practices and procedures, and (3) lack of support for making changes. We also identified some ongoing efforts to improve cooperation and coodination between federal entities disposing of properties. These efforts have the potential to improve disposition activities without consolidating property disposal activities in a single agency. We obtained oral comments on a draft of this letter from representatives of the Department of the Treasury (Treasury), Federal Deposit Insurance Corporation (FDIC), Resolution Trust Corporation (RTC), U.S. Department of Agriculture (USDA) and Housing and Urban Development (HUD). Their comments have been incorporated in this letter. 112 USC §1821 note (1994) (Single Agency for Real Property Disposition). GAO/GGD-96-10R Government Property Disposition

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