Report Summary

Title: Audit of the VA's Enhanced-Use Lease Program
Report Link: http://www.va.gov/oig/pubs/VAOIG-11-00002-74.pdf
Report Number: 11-00002-74
Issue Date: 2/29/2012
City/State:
VA Office: Office of Management
Report Author: Office of Audits and Evaluations
Report Type: Audits, Reviews & Evaluations
Release Type: Unrestricted
Summary: We conducted this audit to assess VA’s implementation of the Enhanced-Use Lease program, through which VA manages and maintains its capital asset inventory. We found the management of the program needs improvement: Undocumented major project decisions, an overall lack of transparency, and inaccurate accounting practices caused OIG to question whether certain agreements effectively served the best interests of the Department and veterans. In addition, justifications for delayed execution of lease agreements, which escalated maintenance costs, could not be substantiated. We recommended the Executive in Charge establish oversight mechanisms to ensure compliance, improve accounting procedures, and establish performance measures to gauge program success and timeliness. The Executive in Charge for the Office of Management agreed with our finding and recommendations. They are preparing a detailed implementation plan to address the audit recommendations. We will assess the effectiveness of VA’s proposed implementation plan and follow up as required on all actions.