Federal Real Property
The management of Federal real property is governed by the Federal Real Property Council, a statutory body enacted by the Federal Property Management Reform Act of 2016. The FRPC was created to:
- develop guidance and ensure implementation of an efficient and effective real property management strategy;
- identify opportunities for the Federal Government to better manage property and assets of the Federal Government; and
- reduce the costs of managing property of the Federal Government, including operations, maintenance, and security associated with Federal property.
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Real Property Metrics
In accordance with the Federal Property Management Reform Act of 2016 and the Office of Management and Budget M-20-10, Issuance of an Addendum to the National Strategy for the Efficient Use of Real Property, the FRPC developed a set of real property metrics.
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Real Property Scorecard
The Federal Real Property Council, in an effort to provide a consolidated location for internal and external stakeholders an assessment of agency performance against a series of statutory, regulatory, and other policy requirements, has developed a real property management scorecard.