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Real Property

Asset Management

EO-13327 Real Property Asset Management – Presidential Management Initiative

Executive Order 13327 – Federal Real Property Asset Management, signed February 4, 2004, established a Federal Real Property Council headed by Clay Johnson of OMB – and mandates all agencies establish asset management plans. Federal Real Property Council established 23 data elements for real property that all agencies are to report on annually at the asset level include the four performance measures: 1) Utilization Rate; 2) Operations and Maintenance Cost; 3) Condition Indices; and 4) Mission Dependency. This will require a upfront cost for a contractor to conduct facility assessments and then an ongoing cost to maintain this data – this will impact staff in both the field and headquarters. There would also be a recurring cost to update the info on a regular basis. The over head cost to maintain and manage the program depends entirely on how roles and responsibilities are set up between Headquarters and the Area – however it will take a significant amount of time and resources to set up and run the program. The Department’s goal, as reflected in the PMA scorecard, is to attain an overall “Yellow” status in this initiative the first quarter of FY-2006.

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