In SEC headquarters search, GAO says government acted properly

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The General Services Administration justifiably required prospective landlords to give it the right to buy the Securities and Exchange Commission's D.C. headquarters even though the federal agency plans to lease, rather than own, that space for more than a decade, a government watchdog concluded. The Government Accountability Office recently posted a nine-page decision to its website detailing why it rejected a protest by affiliates of the SEC's current landlord, Property Group Partners, which claimed...

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