Federal Real Property Asset Management
Headline: Orders Federal Agencies to Improve Management of Real Property
What it does: Agencies must appoint senior property officers, create asset management plans, report property data, and follow Council guidance to improve federal real property use.
- Requires agencies to appoint a senior property officer within 30 days.
- Creates a government-wide property database and common reporting standards.
- Directs land agencies to improve public lands management and propose legislation.
Summary
This order requires executive agencies to manage federal real property more efficiently and accountably. Agencies must designate a Senior Real Property Officer, develop asset management plans, and report property information to the Office of Management and Budget.
It establishes a Federal Real Property Council to set performance measures and help agencies, and directs the General Services Administration to create a single government-wide property database and standards.
The goal is better use of federal buildings and lands, clearer oversight, and improved public stewardship of government property.
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