Federal REAL PROPERTY OWNERS Could Benefit from Additional Information on Leading Practices

The GAO has been issuing reports for decades concerning the next for ALL federal agencies to improve their facilities management practices.  While the same can be said for ALL State, County, and Local Government and other public sector organizations, the GAO’s focus is federal.

 

The GAO reviewed the asset management practices of six federal agencies:

  1. the U.S. Coast Guard (Coast Guard);
  2. U.S. Army Corps of Engineers (Corps);
  3. General Services Administration (GSA);
  4. National Park Service (Park Service);
  5. National Aeronautics and Space Administration (NASA); and
  6. U.S. Forest Service (Forest Service).

While each of the six federal-agency frameworks GAO reviewed included some of the key characteristics associated with known best management practices (see below), none had all, and none had a robust, organization-wide deployment or management ability.

A

 

Federal departments and agencies should be required to have a comprehensive approach to asset management that incorporates strategic planning, capital planning, and operations, or maintaining leadership support, promoting a collaborative organizational culture, and evaluating and improving asset management practices.

Without a more comprehensive approach, as described above, federal agencies do not have the knowledge needed to maximize the
value of their limited resources.   The reality is that financial visibility is limited at best and transparency simply not there.

 

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