JOINT ASSET MANAGEMENT PLAN

Mandatory Reference for ADS Chapter 517

FY07 – FINAL SUBMISSION TO OMB
March 31, 2007

Overview

In January 2003, the Government Accountability Office (GAO) identified the government’s real estate and real property as a “high risk” federal program. GAO reported that Federal real property is deteriorating and that key management decision makers lack reliable data. Later that year, the President’s Management Agenda was expanded to include a new initiative for improving federal asset management.