The federal government has invested more than $300 billion in 500,000 buildings and other facilities worldwide to support the provision of government services.

In 1996 the Federal Accounting Standards Advisory Board (FASAB) 1 enacted Standard Number 6, Accounting for Property, Plant, and Equipment (PP&E), the first gov

The deteriorating condition of federal facilities poses economic, safety, operational, and environmental risks to the federal government, to the achievement of

Facilities now owned by the Federal Government are valued at over $300 billion. It also spends over $25 billion per year for acquisition, renovation, and upkeep