Real Property Federal Asset Sales, 20924-20925 [E8-8312]

Agencies

• General Services Administration

[Federal Register Volume 73, Number 75 (Thursday, April 17, 2008)]
[Notices]
[Pages 20924-20925]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-8312]


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GENERAL SERVICES ADMINISTRATION

[GSA Bulletin FMR 2008-B2]


Real Property Federal Asset Sales

AGENCY: General Services Administration.

ACTION: Notice of Bulletin.

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SUMMARY: In 2001, the President's Management Council selected the 
Federal Asset Sales (eFAS) initiative as one of the President's 
Electronic Government initiatives. The eFAS initiative is designed to 
make it easier for citizens and businesses to locate available 
Government assets, both real and personal, from a single portal 
location. The attached Bulletin provides instructions to Federal 
agencies on the advertising and reporting of sales of Federally-owned 
real property in accordance with the eFAS initiative. The General 
Services Administration will be publishing the posting and reporting 
requirements described in the Bulletin in an amendment to the Federal 
Management Regulation shortly.

EFFECTIVE DATE: April 17, 2008.

FOR FURTHER INFORMATION CONTACT: Stanley Langfeld, Director, 
Regulations Management Division, Office of Governmentwide Policy, on 
202-501-1737, or by sending an e-mail message to 
stanley.langfeld@gsa.gov.

    Dated: April 9, 2008.
Kevin Messner,
Acting Associate Administrator, Office of Governmentwide Policy.

Real Property

TO: Heads of Federal agencies
SUBJECT: Real Property Federal Asset Sales

    1. Purpose. This Bulletin provides general information to 
Federal agencies concerning the sale of Federally-owned real 
property in accordance with the Federal Asset Sales (eFAS) 
initiative, one of the President's Electronic Government (E-Gov) 
initiatives. It contains instructions requiring Federal agencies to 
utilize the Federal Asset Sales portal (GovSales.gov) when 
advertising surplus real property and provides instructions to 
Federal agencies for reporting sales of real property.
    2. Expiration. This Bulletin contains information of a 
continuing nature and will remain in effect until canceled.
    3. Background. Each year, the Federal Government disposes of 
real and personal property. In 2001, the President's Management 
Council selected the eFAS initiative as one of the President's E-Gov 
initiatives. Prior to 2001, Federal agencies used multiple methods 
to market excess property, making it difficult for the public to 
locate and buy surplus Federal assets. This initiative strives to 
simplify locating government assets for sale, and to improve the 
promotion of Government sales through a centralized, citizen-centric 
web portal solution. The vision of the eFAS portal solution is to 
create a secure, efficient and effective online single-point of 
entry for the public to seek Federally-owned real and personal 
property assets available for sale.
    In September 2005, representatives from the Department of 
Agriculture (USDA), the Department of Housing and Urban Development 
(HUD), the Department of Veterans Affairs (VA), and the General 
Services Administration's (GSA) Public Buildings Service developed 
and launched the Real Property Asset Listing Portal, a web-based 
entry point designed to facilitate the sale of surplus Government 
real property assets. In October 2006, the GovSales.gov website was 
launched as part of the eFAS Presidential E-Gov initiative.

[[Page 20925]]

    The Real Property Asset Listing Portal is now integrated with 
GovSales.gov and enables any Federal agency to advertise, in one 
place, its entire inventory of surplus, forfeited and foreclosed 
real property available for sale. The website provides the public 
with one location where specific types of real property (i.e., 
houses, buildings and land, and farms) offered for sale by Federal 
agencies can be found. In addition, the team engaged other Federal 
agencies that are authorized to dispose of real property to list 
their surplus property for sale on the portal. In September 2007, 
the Department of Justice, the Department of State and the 
Department of the Treasury also began posting forfeited real 
property on the portal.
    4. Real Property eFAS Initiative--Roles and Responsibilities. 
There are three main groups of Federal participants associated with 
eFAS. The responsibilities of each are described below.
    (a) eFAS Planning Office. This is the main coordinating body of 
the eFAS initiative. The Planning Office works with the initiative's 
governing body, the Executive Steering Committee, and its subgroups, 
the Personal Property Subcommittee, the Real Property Subcommittee, 
the Configuration Control Board, the Sales Agency Working Group, and 
the Communications Working Group. The Planning Office also serves as 
a central data aggregation point for the entire initiative, and is 
the primary communication mechanism with the Office of Management 
and Budget.
    (b) Portal Sponsors. The four Portal Sponsor agencies and the 
areas of the portal that they support are:
     HUD--Homes, buildings and land;
     VA--Homes;
     USDA--Farms; and
     GSA--Homes, buildings and land.
    These agencies contribute to the operation of the Portal and 
provide hosting, listing and support services to facilitate the 
efficient operation of the portal.
    (c) Agencies.
    (1) Posting on GovSales.gov. The four Portal Sponsors listed in 
subsection 4(b), above, began listing properties on the GovSales.gov 
website during FY 2007. The remaining President's Management 
Scorecard Agencies with real property disposal authority began 
listing properties for sale on the portal in the 4th Quarter of FY 
2007.
    (2) Reporting Requirements. The Portal Sponsors began reporting 
sales data and metrics for the 3rd Quarter of FY 2007 sixty (60) 
days after the end of that quarter (September 1, 2007). The 
remaining President's Management Scorecard Agencies began reporting 
sales data and metrics quarterly for the 4th Quarter of FY 2007 
sixty (60) days after the end of that quarter (December 1, 2007). It 
is important to note that an agency is required to report its real 
property sales even if the property is sold on its behalf by GSA. 
When GSA sells property on behalf of another agency, GSA will 
provide information about that sale to that agency, so that the 
agency can meet its reporting requirements.

5. Posting and Reporting Instructions

    (a) Posting. Posting of real property to the eFAS portal is done 
through the Real Property Asset Listing Portal, a web-based portal 
that is integrated with the eFAS Sales Portal through GovSales.gov. 
The Listing Portal, while operated by USDA, one of the Portal 
Sponsors, provides for the posting of all types of real property: 
houses, buildings and land, and farms. GSA will post property to the 
portal that it sells on behalf of itself or other agencies.
    Posting instructions are contained in the Property Admin Web 
Application User Guide, which can be accessed from GSA's website at 
www.gsa.gov/govsales. The required data elements will vary depending 
on the type of property being advertised. Access to the USDA Listing 
Portal is provided at https://propertyadmin.sc.egov.usda.gov. 
Instructions for establishing user authentication (ID and password) 
and creating an agency account are provided through the website.
    (b) Reporting. Reporting will be done Quarterly, by Fiscal Year. 
The Planning Office will be making a Quarterly data call to each of 
the President's Management Scorecard Agencies. Agencies will report 
the required sales performance information by submitting it to 
FASPlanningOffice@gsa.gov. The Quarterly reports will be submitted 
using an Excel-based template provided by the Planning Office during 
the data call. The reports will provide the following information on 
a Quarterly basis:
     Total number of agency real property assets sold;
     Total number of real property assets posted to the eFAS 
Portal;
     Total gross real property sales revenue;
     Percentage of real property assets sold equal to or 
greater than the Government's estimated fair market value;
     Cycle time; and
     Total net sales revenue.

6. Additional Information

    Further information regarding this Bulletin may be obtained by 
sending an e-mail message to EFASPlanningOffice@gsa.gov. GSA will be 
publishing the posting and reporting requirements described in this 
Bulletin in an amendment to the Federal Management Regulation 
shortly.

Dated: April 9, 2008.

Kevin Messner,
Acting Associate Administrator, Office of Governmentwide Policy.

 [FR Doc. E8-8312 Filed 4-16-08; 8:45 am]
BILLING CODE 6820-RH-P