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Audit Report: OAS-L-08-09

April 17,2008

The Department's Controls over Leased Space in the National CapitalArea

The Department of Energy (Department) manages a sizeable inventory of real property, including both owned and leased properties. The Office of Management is responsible for the Department's real estate function, which includes acquisition by lease or purchase, inventory, utilization surveys, tracking and disposal of real property assets. In Fiscal Year 2007, the Department had approximately 10 million square feet of leased property at a cost of approximately $168 million. This included approximately 2.3 million square feet in the Washington, D.C. metropolitan area costing approximately $45.6 million.

Topic: Management and Administration