The Justice Department has reached only 7.2 percent of its goal to save money by more efficiently using property it owns or rents by the end of September 2012, a new administration report says.

In June 2010, President Barack Obama ordered federal agencies and departments to achieve $3 billion in savings by reducing operating costs, disposing of assets, using existing property more efficiently, expanding telework and other space realignments.

The Justice Department agreed to attempt to save $335 million by the end of Fiscal 2012, according to the report;  by the end of September, the department has saved $24.2 million, according to the report.

DOJ said it will attempt to reach its goal by using “shared space within DOJ and with other DOJ components where possible by reviewing its portfolio assets to identify and release underutilized space. It will implement new sustainability guidelines. DOJ intends to seek rent rate reductions through re-negotiation of existing leases or upon their expiration as well as constrain construction costs wherever possible by reducing scope of the projects and implementing space consolidations. DOJ will implement a revised space allocation standard and expand tele-work options where feasible.”