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From the Controller's Desk

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Strengthening the management of the Federal Government’s assets has been an important objective of the Administration. For example, on February 4, 2004, the President signed into law Executive Order 13327, “Federal Real Property Asset Management.” This executive order – the first order fully devoted to real property management in nearly 20 years – has served as a much-needed boost toward improving the management of Federal assets on a government-wide level.

Pursuant to the executive order, all major Federal agencies are now working to complete the following steps:

  • Establish the position of a Senior Real Property Officer, who will be held accountable for the effective management of agency real properties;
  • Develop and implement asset management plans; and
  • Determine what it owns, what it needs, and how and what it costs to manage its real properties.

Established by the executive order, an interagency Federal Real Property Council is developing government-wide guidance and serving as a clearinghouse for best practices. Comprised in part by the agency Senior Real Property Officers, the Council has held regular meetings since March, and it is specifically working through its committee structure to develop a standard asset management plan template, government-wide performance measures, and a standard method of reporting its property inventory.

In conjunction with the executive order, a new Federal Real Property Asset Management initiative has been added to the President’s Management Agenda (PMA). This initiative will now hold the largest Federal landholding agencies accountable and track their status and progress of real property management improvement efforts on the quarterly PMA scorecard.

Through the hard work of the Senior Real Property Officers and the Federal Real Property the Council, as well as the ongoing PMA scorecard process, the government is addressing real property asset management on a government-wide level. Over the next several years, it is the goal of this Administration for all major agencies to develop and implement effective asset management plans and apply appropriate performance measures to its properties. Additionally, the work of the agencies and the Council should ultimately lead to the development of a comprehensive and descriptive database of all Federal real properties. Once complete, this database, along with appropriately identified performance measures, will assist agency management in making informed decisions about what properties are needed, being utilized effectively, or qualify for disposal.

Section one of Executive Order 13327 states: “[I]t is the policy of the United States to promote the efficient and economical use of America's real property assets and to assure management accountability for implementing Federal real property management reforms.” Thus, at a minimum, the American taxpayers deserve to know that the Federal Government is managing its assets in an efficient and cost-effective manner. Through the work of the agencies and the Federal Real Property Council, and the implementation of the new Real Property PMA initiative, the Administration will continue its efforts to improve real property asset management.

signature of Linda Springer
Linda M. Springer