Review of FAA’s Management and Oversight
The U.S. Department of Transportation’s Office of the Inspector General has released a report that reviews the U.S. Federal Administration Aviation’s (FAA) management and oversight of their offices and warehouses. In fiscal year 2017, the FAA’s independently acquired lease portfolio represented $104 million in annual rent, with office and warehouses comprising about three-quarters of that total. FAA’s office and warehouse leases represent a total potential value of $1.4 billion.
This Summary Last Modified On: 4/23/2018