What is the history of the Federal real property asset management initiative?
Over the past decade, successive Congresses and administrations have undertaken efforts to address the challenges facing federal real property asset management. Attempts at legislative reform include: • S. 2805 – “Federal Property Asset Management Reform Act of 2000” • S. 1612 – “Freedom to Manage Act of 2001” • H.R. 3947 – “Federal Real Property Asset Management Reform Act of 2002” • H.R. 2548 – “Federal Real Property Asset Management Reform Act of 2003” • H.R. 2573 – “Public Private Partnership Act of 2003” • H.R. 3134 – “Federal Real Property Disposal Pilot Program and Management Improvement Act of 2005” These legislative initiatives represent the most sweeping attempt to achieve effective federal property reform and were written to amend the “Federal Property and Administrative Services Act of 1949.” However, there has been little success at real property management reform through legislative efforts primarily due to Congressional Budget Office scoring rules. As a result, none of t
