Federal Real Property: Authorities and Actions Regarding Enhanced Use Leases and Sale of Unneeded Real Property Page: 32 of 37
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Figure 11: GSA's Process for Selling Excess GSA-Controlled Real Property
Public Buildings Service reports the
property excess
Property is screened for use by other
federal agencies
If not transferred to If transferred to
another federal agency another federal agencyProceeds-if any-go to GSA's
Federal Buildings FundProperty is screened for use by homeless
providers at no costIf not conveyed for If conveyed for
homeless use homeless useC-;
No proceeds
Property is screened for certain other public uses
for up to 100 percent discount of fair market value,
and for negotiated sale to public entitiesProperty not conveyed as Property conveyed as
PBC or negotiated sale PBC or negotiated sale
SProceeds-if any-go to GSA's
Federal Buildings Fund
Property is offered for competitive
public sale
Property is soldProceeds go to GSA's
Federal Buildings Fund for
GSA's real property capital
needs (congressional action
is necessary for the
proceeds to be used)Source: GSA.
GAO-09-283R Real Property Disposal
\r I
Source: GSA.
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United States. Government Accountability Office. Federal Real Property: Authorities and Actions Regarding Enhanced Use Leases and Sale of Unneeded Real Property, text, February 17, 2009; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc300973/m1/32/: accessed April 19, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.