Department of Justice to Use VISTA for Continued Real Property Work

The Department of Justice (DOJ) is exercising its first contract option for the coming fiscal year, in a minimum $100,000 contract for continuing and sustained improvement in its real property portfolio management.

Earlier this year, VISTA won a five-year contract with the DOJ, for a variety of analysis and program support functions over five one-year periods.

According to VISTA President and CEO David Baxa, "The real property asset management market means more in the federal sector than simply developing asset management plan documents. Federal agencies are being called on to scrutinize their real property assets to a degree that only the armed forces had been required to do until now.

"VISTA is gratified that the work we have done for decades in services and solutions for our military clients can be applied to the civilian federal agencies as well," added Baxa.

The acknowledged market leader in facilities infrastructure analysis and real property asset management for more than two decades, VISTA has served the defense industry through every iteration of Base Realignment and Closure (BRAC). The US Army in particular saved over one billion dollars in ongoing construction expenses by following VISTA's recommendations regarding disposition of its real property holdings.

In addition to DOJ, VISTA has had ongoing asset management planning support engagements with the Department of Treasury, Department of Commerce and Department of Justice. The Defense Logistics Agency recently awarded VISTA a major continuation of the BRAC support work that was started this past summer. This is a multiple year contract with options that extend through 2009.