Strategies to Renew Federal Facilities (2023) / Chapter Skim
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Pages 170-175
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From page 170... ...
OMB Circular A-11, Supplement -- Capital Programming Guide The second OMB Circular A-11 section directly influencing the development of federal facility renewal strategies is its Supplement -- Capital Programming Guide. In the Guide, capital assets include land and structures that have an estimated use of more than 2 years, indicating complete agency federal facility portfolios.
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From page 171... ...
Given the focus of this study on federal facility renewal, agency capital plans, as defined in the Capital Programing Guide, are called real property capital plans in this report. Putting this into context, it is the agency's facility asset management system that guides development of the agency's facility renewal strategy that is implemented through the agency's real property capital plan.
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From page 172... ...
OMB Circular A-123 establishes enterprise risk management and internal control requirements that agencies must apply through their facility asset management systems to develop and implement federal facility renewal strategies. NATIONAL STRATEGY FOR THE EFFICIENT USE OF REAL PROPERTY The preceding discussion on authorities invites the question, What is the national strategy for federal facility asset management?
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From page 173... ...
(Executive Office of the President 2015) and was updated on March 6, 2020, through the promulgation of OMB Memorandum M-20-10, "Issuance of an Addendum to the National Strategy for the Efficient Use of Real Property." This National Strategy, when first released in 2015, initiated a 5-year effort designed to be an impetus to transform federal facility management generating value to the taxpayer.
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From page 174... ...
. The stated goal in OMB M-20-10 is to "optimize the federal real property portfolio to support agency mission needs, demonstrate stewardship of taxpayer resources, manage costs through implementation of robust capital and strategic planning, develop and use detailed budget and expenditure data, and prompt legislative reform" (OMB 2020a)
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From page 175... ...
The committee recognizes this evolving national strategy as the natural focal point for providing guidance supporting the development, implementation, and coordination of federal facility renewal strategies across all federal agencies. So, in answer to the first question (What is the national strategy for federal facility asset management?
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