Following passage of H.R. 4465, the Federal Assets Sale and Transfer Act of 2016 by the U.S. House of Representatives, Tony Keane, president and CEO of the International Facility Management Association (IFMA) made the following statement:

“As the largest property owner in the world, the U.S. government can save billions by reducing waste across its civilian real estate portfolio. On behalf of the International Facility Management Association, I’d like to congratulate Chairman Barletta, Congressman Denham and ranking member Carson for their hard work on this important issue. House passage of H.R. 4465 is a major step forward in improving operations and maintenance of federal buildings and reducing the overall cost of the federal building portfolio. We encourage the Senate to continue its work on companion legislation that not only reduces the overall size of the portfolio, but also creates an incentive for agencies to dispose of excess property through retained savings for training and deferred maintenance.”  Read More…