State agency facility oversight
The Office of Financial Management’s Facilities Oversight section is the result of legislation intended to strengthen the oversight of real estate procurement and management practices through analysis, long-term planning, and state facility portfolio management. Their responsibilities include:
- Develop and submit a Six-Year Facilities Plan to the Legislature and the Governor in January of each odd-numbered year with the assistance of the Department of General Administration (GA).
- Establish and implement a modified pre-design process and tools for requests to acquire new space or to relocate state facilities.
- Gather and report the state’s facilities inventory.
- Establish, deploy and maintain the state’s life cycle cost model for assessing buildings.
- Conduct analysis and make recommendations to the OFM director on leases requiring OFM approval (leases over $1 million annually, for space under development, or over 10 years in duration).
- Consult with GA on purchases, leases, lease purchases, rent or other acquisitions of real estate.
