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Capital Asset Management Tools and Strategies for Decision Making: Conference Proceedings (2001) / Chapter Skim
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1 Introduction
Pages 1-4

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From page 1...
... At least 30 separate agencies manage these facilities. As stewards of this public investment, federal facilities program managers face a number of challenges (NRC, ~ 9989: · extending the useful life of aging facilities altering or retrofitting facilities to consolidate space or accommodate new functions and technologies meeting evolving facility-related standards for safety, environmental quality, and accessibility · maintaining or disposing of excess facilities created through military base closures and realignments, downsizing, or changing demographics .
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From page 2...
... It was attended by some 220 people representing 32 federal agencies, as well as private sector firms, local governments, and professional societies. The FFC is a cooperative association of federal agencies having interests and responsibilities in all aspects of federal facility acquisition, operation and management.
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From page 3...
... In addition, the Federal Property and Administrative Services Act of ~ 949 has not been significantly amended in 50 years. Thus, current regulations and processes may not allow federal agencies to use some of the best capital asset management practices that are used by state and local governments and the private sector.
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From page 4...
... ORGANIZATION OF THIS REPORT The following chapters summarize the presentations made at the conference. The speakers focused on trends and best practices in capital budgeting; capital asset decision making processes in three federal agencies; building a case for capital reinvestment; and new tools for federal agencies.
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Key Terms

  • asset management
  • capital assets
  • real property
  • federal facilities
  • leading organizations

  • strategic real
  • budget process
  • capital budgeting
  • facilities council
  • local government

  • improve capital
  • asset decision
  • public investment
  • expected results
  • sponsor agencies

  • mission performance
  • facility acquisition
  • encourage agencies
  • generate capital
  • facilities embody

  • speakers nor
  • program requirements
  • veterans affairs
  • managing individual
  • speakers focused

  • indian health
  • common issues
  • property management
  • government program
  • value added


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