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Suggested Citation:"Front Matter." National Research Council. 2001. Capital Asset Management: Tools and Strategies for Decision Making: Conference Proceedings. Washington, DC: The National Academies Press. doi: 10.17226/10113.
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Capital Asset Management

TOOLS AND STRATEGIES FOR DECISION MAKING

CONFERENCE PROCEEDINGS

FEDERAL FACILITIES COUNCIL TECHNICAL REPORT No. 143

NATIONAL ACADEMY PRESS
Washington, D.C.

Suggested Citation:"Front Matter." National Research Council. 2001. Capital Asset Management: Tools and Strategies for Decision Making: Conference Proceedings. Washington, DC: The National Academies Press. doi: 10.17226/10113.
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    NOTICE

    The Federal Facilities Council (FFC) (formerly the Federal Construction Council) is a continuing activity of the Board on Infrastructure and the Constructed Environment of the National Research Council (NRC). The purpose of the FFC is to promote continuing cooperation among the sponsoring federal agencies and between the agencies and other elements of the building community in order to advance building science and technology–particularly with regard to the design, construction, acquisition, evaluation, and operation of federal facilities. The following agencies provided funding for this activity:

    Department of the Air Force, Office of the Civil Engineer

    Department of the Air Force, Air National Guard

    Department of the Army, Assistant Chief of Staff for Installation Management

    Department of Defense, Federal Facilities Directorate

    Department of Energy

    Department of the Interior, Office of Managing Risk and Public Safety

    Department of the Navy, Naval Facilities Engineering Command

    Department of State, Office of Foreign Buildings Operations

    Department of Veterans Affairs, Office of Facilities Management

    Federal Bureau of Prisons

    Food and Drug Administration

    General Services Administration, Public Buildings Service

    Indian Health Service

    International Broadcasting Bureau

    Internal Revenue Service

    National Aeronautics and Space Administration, Facilities Engineering Division

    National Institutes of Health

    National Institute of Standards and Technology, Building and Fire Research Laboratory

    National Science Foundation

    Smithsonian Institution, Office of Facilities Services

    U.S. Postal Service, Engineering Division

    As part of its activities, the FFC periodically publishes reports that have been prepared by committees of government employees. Because these committees are not appointed by the NRC, they do not make recommendations, and their reports are considered FFC publications rather than NRC publications.

    For additional information on the FFC program and its reports, visit the website at http://www4.nationalacademies.org/cets/ffc.nsf or write to Director, Federal Facilities Council, 2101 Constitution Avenue, N.W., HA-274, Washington, DC 20418

    Printed in the United States of America

    2001

Suggested Citation:"Front Matter." National Research Council. 2001. Capital Asset Management: Tools and Strategies for Decision Making: Conference Proceedings. Washington, DC: The National Academies Press. doi: 10.17226/10113.
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Acknowledgements

The conference summarized in this report was sponsored by the Federal Facilities Council of the National Research Council. The following persons deserve special recognition for their efforts in planning, organizing, and conducting the conference:

Thomas Anglim, Office of Facilities Management, Department of Veterans Affairs

James Bartlett, Jr., Naval Facilities Engineering Command, U.S. Navy

Robert Carlsen, Naval Facilities Engineering Command, U.S. Navy

Clarence Dukes, Division of Engineering Services, National Institutes of Health

Milon Essoglou, Naval Facilities Engineering Command, U.S. Navy

Stephen Hagan, Public Buildings Service, General Services Administration

Edgar Hanley, Office of Foreign Buildings Operations, U.S. Department of State

Howard Kass, Facilities Engineering Division, National Aeronautics and Space Administration

Andrea Kuhn, Public Buildings Service, General Services Administration

John Leimanis, Office of Foreign Buildings Operations, U.S. Department of State

Dale Olson, Office of the Civil Engineer, U.S. Air Force

Leo Phelan, Veterans Benefits Administration, Department of Veterans Affairs

Gregory Segal, Public Buildings Service, General Services Administration

Curt Smith, Public Buildings Service, General Services Administration

John Yates, Office of Science, Department of Energy

Special thanks go to Jim Bartlett and Leo Phelan, who also volunteered to moderate conference panel discussions.

Suggested Citation:"Front Matter." National Research Council. 2001. Capital Asset Management: Tools and Strategies for Decision Making: Conference Proceedings. Washington, DC: The National Academies Press. doi: 10.17226/10113.
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    Federal Facilities Council

    Chair

    Jack Buffington, USN CEC (Retired), Director, Mack-Blackwell National Rural Transportation Study Center, Department of Civil Engineering, University of Arkansas

    Vice Chair

    William Brubaker, Director, Facilities Engineering and Operations, Smithsonian Institution

    Members

    Edward Ayscue, Chief, Facilities Management Branch, Federal Bureau of Prisons

    Roger Bell, Chief, Structures Branch, Facilities Division, Air National Guard

    John Bower, MILCON Program Manager, U.S. Air Force

    Jose Cuzmé, Chief, Health Care Facilities Engineering Branch, Indian Health Service

    Tony Clifford, Director, Division of Engineering Services, National Institutes of Health

    Thomas Duchesne, Maintenance and Policies Programs, Engineering Division, U.S. Postal Service

    David Eakin, Chief Engineer, Design Programs Center, Public Buildings Service, General Services Administration

    Peter Gurvin, Director, Building Design and Engineering, Office of Foreign Buildings Operations, U.S. Department of State

    James Hill, Deputy Director, Building and Fire Research Laboratory, National Institute of Standards and Technology

    John Irby, Director, Federal Facilities Directorate, U.S. Department of Defense

    L. Michael Kaas, Director, Office of Managing Risk and Public Safety, U.S. Department of the Interior

    Michael Karau, Chief, Facilities Policy Branch, Internal Revenue Service

    Get Moy, Chief Engineer and Director, Planning and Engineering Support, Naval Facilities Engineering Command, U.S. Navy

    Robert Neary, Jr., Associate Chief, Strategic Management Office, Department of Veterans Affairs

Suggested Citation:"Front Matter." National Research Council. 2001. Capital Asset Management: Tools and Strategies for Decision Making: Conference Proceedings. Washington, DC: The National Academies Press. doi: 10.17226/10113.
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Page v

Stan Nickell, Chief, Construction Division, Assistant Chief of Staff for Installation Management, U.S. Army

William Stamper, Senior Program Manager, Facilities Engineering Division, National Aeronautics and Space Administration

John Yates, Director, Laboratory Infrastructure Division, Office of Science, U.S. Department of Energy

Staff

Richard Little, Director, Board on Infrastructure and the Constructed Environment (BICE)

Lynda Stanley, Director, Federal Facilities Council

Michael Cohn, Program Officer, BICE

Kimberly Goldberg, Administrative Associate, BICE

Gail Kelly, Research Aide, BICE

Nicole Longshore, Project Assistant, BICE

Suggested Citation:"Front Matter." National Research Council. 2001. Capital Asset Management: Tools and Strategies for Decision Making: Conference Proceedings. Washington, DC: The National Academies Press. doi: 10.17226/10113.
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Page vi

Suggested Citation:"Front Matter." National Research Council. 2001. Capital Asset Management: Tools and Strategies for Decision Making: Conference Proceedings. Washington, DC: The National Academies Press. doi: 10.17226/10113.
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Contents

1    INTRODUCTION 1
    Background, 1
    Purpose of Conference, 2
    Recurring Themes, 2
    Organization of This Report, 4
    Reference, 4
2    TRENDS AND BEST PRACTICES IN CAPITAL BUDGETING 5
    President's Commission to Study Capital Budgeting, 5
    Best Practices of Leading Organizations, 8
    OMB's Capital Programming Guide, 11
3    CAPITAL ASSET DECISION MAKING IN THREE FEDERAL AGENCIES 13
    General Services Administration, 13
    U.S. Coast Guard, 14
    Naval Facilities Engineering Command, 16
4    BUILDING A CASE FOR CAPITAL REINVESTMENT 19
    Office of the Architect of the Capitol, 19
    Hillsborough County, Florida, 21
5    NEW TOOLS FOR FEDERAL AGENCIES 25
    Enhanced-Use Leasing Program, 25
    Federal Property and Administrative Services Act Reform, 29
    Government-wide Regional Property Information Sharing Program, 30
APPENDIXES
A     Online Resources 33
B     Speakers' Biographies 35
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Suggested Citation:"Front Matter." National Research Council. 2001. Capital Asset Management: Tools and Strategies for Decision Making: Conference Proceedings. Washington, DC: The National Academies Press. doi: 10.17226/10113.
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Suggested Citation:"Front Matter." National Research Council. 2001. Capital Asset Management: Tools and Strategies for Decision Making: Conference Proceedings. Washington, DC: The National Academies Press. doi: 10.17226/10113.
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Suggested Citation:"Front Matter." National Research Council. 2001. Capital Asset Management: Tools and Strategies for Decision Making: Conference Proceedings. Washington, DC: The National Academies Press. doi: 10.17226/10113.
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Federally owned capital assets include some 500,000 buildings and similar facilities worldwide acquired during 200 years of government operations. Government facilities are used to defend the national interest; conduct foreign policy; house historic, cultural and educational artifacts; pursue research; and provide services to the American public. These buildings and structures project an image of American government at home and abroad, contribute to the architectural and socioeconomic fabric of their communities, and support the organizational and individual performance of federal employees conducting the business of government . Federal facilities embody significant investments and resources and therefore constitute a portfolio of public assets. At least 30 separate agencies manage these facilities. As stewards of this public investment, federal facilities program managers face a number of challenges.

In the 1990s Congress and the Executive Branch took a number of initiatives to improve capital asset decision making in the federal government. These include enacting the Government Performance and Results Act of 1993, the Federal Acquisition Streamlining Act of 1994, the Clinger-Cohen Act of 1996 and a series of federal financial accounting standards; developing the Capital Programming Guide (1997); and appointing the President's Commission to Study Capital Budgeting (1997). Senior and mid-level agency officials are now seeking ways to implement these initiatives efficiently and effectively.

The Federal Facilities Council (FFC) sponsored a conference entitled "Capital Asset Management: Tools and Strategies For Decision Making" to highlight strategies and ideas for capital asset management so that federal and other public agencies can improve decision making for facilities investment. Held at the National Academy of Sciences in Washington, D.C., on September 13, 2000, the conference featured speakers from the public, non-profit, and private sectors.

Capital Asset Management: Tools and Strategies For Decision Making: Conference Proceedings summarizes the presentations made at that conference. The speakers focused on trends and best practices in capital budgeting; capital asset decision making processes in three federal agencies; building a case for capital reinvestment; and new tools for federal agencies. Online resources referred to by the speakers are listed in Appendix A. Appendix B contains the speakers' biographies.

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