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The Federal government owns or leases roughly 1.1 million real property assets, including land, buildings, and structures. Within this portfolio, there are opportunities for savings by reducing Federally-occupied space and/or using and operating space more efficiently. To achieve this goal, the Administration has taken several steps to improve the management of Federal real property. In June 2010, the President directed Federal agencies to achieve $8 billion in real estate savings between FY 2010 and FY 2012. The President’s directive included two parts: $5 billion in savings through the Department of Defense’s (DOD) Base Realignment and Closure Commission (BRAC) process and $3 billion in non-BRAC savings.
Additionally, within his FY 2012 Budget, the President introduced a transformative proposal to significantly reduce and realign our Federal civilian real property inventory. Subsequently, the Administration transmitted to Congress a draft bill (Civilian Property Realignment Act) which expanded on this proposal. The Administration continues to support transformative real property legislation.
As of the end of FY 2012, agencies reported a combination of $5.1 Billion in real property related savings from BRAC and $3.5 Billion in non-BRAC real property savings. Detailed information on the Administration’s non-BRAC real property savings are displayed here. For more information on BRAC-related savings, please visit BRAC.gov.
These cost savings are proof of the hard work agencies and the Administration are doing to actively improve the Federal Government’s real property asset management. In the Administration’s effort to capture various types of savings, agencies provided data matched to broad categories of metrics. As the Administration moves forward in future real property cost savings and management endeavors, initiatives will emphasize more specific, measurable data elements and tailored outcomes.
The next phase of the Administration’s real estate management effort will center on the “Freeze the Footprint” policy, which is outlined in OMB Memorandum M-12-12 “Promoting Efficient Spending to Support Agency Operations.” The “Freeze the Footprint” policy requires agencies to halt growth in their real estate inventory, while encouraging agencies to consolidate, co-locate, better utilize space, and employ 21st century workforce strategies such as telework. The next phase of the Administration’s real property efforts, to be tracked on Performance.gov, will incorporate the square footage baseline requirements from the “Freeze the Footprint” guidance, as well as individual agency co-location, consolidation, and disposal projects.