DATE: February 6, 2004

SUBJECT: Executive Order 13327, Federal Real Property Asset Management

SOURCE: Federal Register, February 6, 2004, Vol. 69, No. 25, page 5895

AGENCIES: The President

ACTION: Issuance of Executive Order

SYNOPSIS: On February 4, 2004, President Bush issued Executive Order (EO) 13327 "to promote the efficient and economical use of federal real property resources in accordance with their value as national assets and in the best interests of the nation."

EFFECTIVE DATE: February 4, 2004.

SUPPLEMENTAL INFORMATION: The most important provision of this EO is the requirement that agencies designate a senior real property officer who will be responsible for developing and implementing "an agency asset management planning process." The plan is to:

      "(i) Identify and categorize all real property owned, leased, or otherwise managed by the agency, including, where applicable, those properties outside the United States in which the lease agreements and arrangements reflect the host country currency or involve alternative lease plans or rental agreements;
      "(ii) Prioritize actions to be taken to improve the operational and financial management of the agency's real property inventory;
      "(iii) Make life-cycle cost estimations associated with the prioritized actions;
      "(iv) Identify legislative authorities that are required to address these priorities;
      "(v) Identify and pursue goals, with appropriate deadlines, consistent with and supportive of the agency's asset management plan and measure progress against such goals;
      "(vi) Incorporate planning and management requirements for historic property...and for environmental management...; and
      "(vii) Identify any other information and pursue any other actions necessary to the appropriate development and implementation of the agency asset management plan."

In addition, a Federal Real Property Council is established "to develop guidance for, and facilitate the success of, each agency's asset management plan." The Council will be composed of all senior real property officers, the controller and deputy director for management of the Office of Management and Budget (OMB), and the administrator of the General Services Administration (GSA). The Council will work with the GSA administrator "to establish appropriate performance measures to determine the effectiveness of federal real property management. Such performance measures shall include, but are not limited to, evaluating the costs and benefits involved with acquiring, repairing, maintaining, operating, managing, and disposing of federal real properties at particular agencies...The performance measures shall be designed to enable the heads of executive branch agencies to track progress in the achievement of government-wide property management objectives, as well as allow for comparing the performance of executive branch agencies against industry and other public sector agencies."

Finally, the GSA administrator is directed to "establish and maintain a single, comprehensive, and descriptive database of all real property under the custody and control of all executive branch agencies, except when otherwise required for reasons of national security. The administrator shall collect from each executive branch agency such descriptive information, except for classified information, as the administrator considers will best describe the nature, use, and extent of the real property holdings of the federal government."

FOR FURTHER INFORMATION CONTACT: Panoptic Enterprises at 703-451-5953 or by e-mail to Panoptic@FedGovContracts.com.

Copyright 2004 by Panoptic Enterprises. All Rights Reserved.

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