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Real Property

Executive Order (EO) 13327 Real Property Asset Management –
Presidential Management Initiative

EO 13327 – Federal Real Property Asset Management, signed February 4, 2004, established a Federal Real Property Council (FRPC) and mandates that all agencies establish asset management plans.  The FRPC established data elements for real property that must be reported annually at the asset level, these include four performance measures:  1) Utilization Rate; 2) Operations and Maintenance Cost; 3) Condition Indices; and 4) Mission Dependency.

To address the requirements of EO 13327, the Facilities Division (FD) contracted for a contractor to conduct facility assessments.  FD’s Capital Investment and Asset Management Branch addresses Deferred Maintenance and Plant Replacement Value data using Building Sustainability Management System (SMS).   

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Last Updated: 07/18/2014