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Program Assessment


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Asset Management of General Services Administration-Owned Real Property

The purpose of the program is to provide quality workplaces for Federal customers and to enhance the value of the real estate portfolio for the benefit of the American taxpayer. It accomplishes this by effectively targeting reinvestment in the inventory, efficiently operating buildings, and disposing of unneeded assets.


What This Rating Means


This is the highest rating a program can achieve. Programs rated Effective set ambitious goals, achieve results, are well-managed and improve efficiency.
  • The program has made progress in analyzing asset performance to develop and implement strategies and processes aimed at targeted reinvestment in the existing inventory, efficient operation of buildings, and disposal of unneeded assets. GSA has a three tier value system for categorizing assets. This system provides GSA with an investment or disposal strategy for each asset accordingly.
  • The program has made progress in setting national standards for asset management. The program has provided guidance in asset-related pricing policy and development of asset business plans, performance measurements and targets, and benchmarking. These efforts promote optimal investment decisions for acquisition, construction, renovation, leasing, and disposition activities.
  • The program has made progress in achieving its long-term and annual goals. In FY 2006, GSA increased the percentage of assets with a Return on Equity (ROE) of at least 6 percent, reduced energy consumption, increased customer satisfaction and kept operating costs below the private sector, thereby achieving all of its long-term performance measure targets for the year.

Improvement Plan

About Improvement Plans

We are taking the following actions to improve the performance of the program:

  • Evaluating Operating Costs for assets identified with high operating costs using the Federal Real Property Council's Performance Assessment Tool by: 1) Identify assets with high operating costs.
  • Research and isolate issues driving high operating costs.
  • Create strategies to decrease operating cost in order to align with market.

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