The office and warehouse space in the inventory of the 24 chief financial officer agencies declined by about 10.2 million square feet (roughly 234 acres, or about 17 football fields) at the close of fiscal 2013, OMB has said, crediting a “freeze the footprint” policy set in a memo last March.
The policy requires that agencies freeze the growth in their office and warehouse inventory or offset any new acquisitions with a corresponding reduction. OMB said agencies have been taking steps to manage their real estate inventories by freezing growth in the portfolio, measuring the cost and utilization of real property to support more efficient use, and identifying opportunities to reduce the portfolio through asset disposal.
To ensure accountability and transparency on agency efforts toward meeting their individual baseline, agency baseline and fiscal 2013 office and warehouse space inventory numbers have been posted on Performance.gov, OMB said.
Last year’s memo: http://www.whitehouse.gov/sites/default/files/omb/financial/memos/implementation-of-freeze-the-footprint-guidance.pdf
