In government, Executive Order 13327 has put the focus of transformation squarely on the management of real property assets. Government agencies must be able to document that their real property inventory is correct and that they have basic information on all constructed assets.
Now that Executive Order 13327 is a key component of the President's Management Agenda, compliance has become tied directly to an agency's future budgetary appropriations. Furthermore, real property assets are becoming much more visible in a broader spectrum of financial management and the relationships between asset management and agencies' compliance with the CFO Act are now becoming realized.
Similarly and in private industry, initiatives such as The Sarbanes-Oxley Act demand repeatable and verifiable disclosure procedures to accurately track all of a company's transactions and corporate assets - including its real property.
VISTA can validate and manage real property inventory data - as the precursor to a complete facilities and infrastructure analysis - to enable agencies and private sector businesses to be prepared for new or evolving regulations and legislation.
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