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Capital Asset Management Forum
Background
Federally owned capital assets include approximately 500,000 buildings and other facilities worldwide. These facilities, acquired during 200 years of government operations to support a broad range of government missions, are managed by at least 30 separate federal agencies. The President, Congress, the Office of Management and Budget, and the General Accounting Office among others, have identified a need to improve federal decision making regarding capital acquisition and management. Public laws, accounting standards, policies, and other guidance have been established for that purpose.
Because facilities acquisition and management are so dispersed, federal agencies have an essential role in capital decision making. Senior and mid-level agency officials regularly make decisions to:
- acquire buildings to support agency mission and protect the public investment
- strategically reinvest limited resources to optimize the maintenance and repair of existing buildings
- determine when facilities should be repaired, replaced, and/or disposed of
- identify innovative ways to leverage existing resources
- acquire, develop and maintain databases needed to support strategic decision-making.
Purpose
The purpose of this conference was to highlight strategies and tools that have been used by federal and other public agencies to support effective decision making for facilities investment and management.
Audience
The conference was targeted to senior executives, public and private sector facility program managers, architects, engineers, budget and procurement officials, and others involved with capital facilities programming, management and operation.
On September 13, 2000, the Federal Facilities Council sponsored a conference on Capital Asset Management: Tools and Strategies for Decision Making. The purpose of the conference was to highlight strategies and tools that have been used by federal and other public agencies to support effective decision making for facilities investment and management. The conference was attended by 287 individuals, with approximately 80% representing federal agencies and the remaining attendees representing the private sector, non-profit groups, and local government.
Agenda with speaker presentations (in PDF format)
Speaker biographies
Proceedings Report
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