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Investments in Federal Facilities:

Asset Management Strategies for the 21st Century

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Status: Available Now

Size: 160 pages, 6 x 9

Publication Year:2004

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PAPERBACK ISBN-10: 0-309-08919-0 ISBN-13: 978-0-309-08919-7	$37.75	$33.98	Add to Cart

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Authors:
Committee on Business Strategies for Public Capital Investment, National Research Council
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Description:
Facilities now owned by the Federal Government are valued at over $300 billion. It also spends over $25 billion per year for acquisition, renovation, and upkeep. Despite the size of these sums, there is a growing litany of ...
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Table of Contents
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Front Matter	i-xx
Executive Summary	1-12	(skim)
1 Context	13-29	(skim)
2 Facilities Asset Management	30-43	(skim)
3 Decision Making to Support Organizational Missions	44-61	(skim)
4 Environments for Effective Decision Making	62-75	(skim)
5 Alternative Approaches for Acquiring Federal Facilities	76-88	(skim)
6 Adapting Principles and Policies from Best-Practice Organizations to the Federal Operating Environment	89-117	(skim)
Bibliography	118-124	(skim)
Appendix A Biographical Sketches of Committee Members	125-133	(skim)
Appendix B Committee Interviews and Briefings	134-136	(skim)
Appendix C Interview Discussion Outline	137-140	(skim)

Description

Facilities now owned by the Federal Government are valued at over $300 billion. It also spends over $25 billion per year for acquisition, renovation, and upkeep. Despite the size of these sums, there is a growing litany of problems with federal facilities that continues to put a drain on the federal budget and compromise the effectiveness of federal services. To examine ways to address these problems, the sponsoring agencies of the Federal Facilities Council (FFC) asked the National Research Council (NRC) to develop guidelines for making improved decisions about investment in and renewal, maintenance, and replacement of federal facilities. This report provides the result of that assessment. It presents a review of both public and private practices used to support such decision making and identifies appropriate objectives, practices, and performance measures. The report presents a series of recommendations designed to assist federal agencies and departments improve management of and investment decision making for their facilities.

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