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The Chicken and Egg Real Property Dilemma
Agencies say access to capital will help right-size their real property inventory and reduce the backlog of repairs. Senior government, management professionals say that right-sizing the inventory will provide the capital needed for operations and maintenance. Which comes first? |
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Right-sizing Inventory is Key to Capital, Federal Execs Say
Congress has no deadline for disposal of surplus property, and may not provide sufficient incentives for disposal. Still, these early initiatives will lead to right-sizing of the federal inventory, making funds available for continued improvement and maintenance. |
AGA Urges Greater Disposal Incentives, Increased Accountability
The Association of Government Accountants (AGA) advocates more incentives to encourage Federal agencies to identify and prepare excess property for reassignment or sale. Incentives, however, must be balanced with increased accountability by Federal managers.
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Detailed Documentation Simplifies FRPP Data Submission
The annual round of data submissions to the Federal Real Property Profile (FRPP) is due December 15. VISTA has helped one client devise a detailed validation and FRPP submission process, to ensure that the data submission is as accurate and precise as possible.
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