The National Strategy for the Efficient Use of Real Property was released by the Office of Management and Budget on March 25, 2015. It is the federal framework to improve real property management by freezing growth of the federal real property inventory, measuring performance to identify opportunities for improvements in efficiency, and finally reducing the size of the inventory through consolidation, colocation, or disposal of properties.
The National Strategy鈥檚 companion policy is Reduce the Footprint issued by OMB on March 25, 2015. RTF requires all Chief Financial Officers Act executive branch departments and agencies to move aggressively to dispose of surplus properties held by the federal government, make more efficient use of the government鈥檚 real property assets, and reduce the total square footage of their domestic office and warehouse inventory relative to an established baseline. Information about agencies鈥� performance under the Reduce the Footprint initiative can be found at .
The Real Property Policy Division supports the National Strategy and RTF by
- Setting the initial RTF baselines for each agency and monitoring agency progress against RTF baselines and disposal targets
- Participating in meetings with OMB and each agency to develop robust reduction targets
- Reviewing the data agencies submit to FRPP and Bet365 occupancy agreement data to measure and report agencies鈥� performance under RTF
- Implementing the FRPP data transparency initiative that enables agencies to review other agencies鈥� FRPP data
- Taking measures to improve FRPP data reliability and better control the accuracy and consistency of that data by issuing guidance and training
- Deploying FRPP management tools that enable agencies to more easily identify disposal and co-location opportunities. These tools can be found on the asset management page.
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