Other pages about the topic: Facilities Oversight
The Office of Financial Management’s Facility Oversight Program has established the following policies to promote the efficient use of leased and owned facilities.
Section 1085 of the enacted 2013-15 capital budget (ESSB 5035) calls for the Office of Financial Management (OFM) to review and recommend best practices of real estate policies related to lease or construction of commercial office space and warehouse facilities.
Assistant Director, Technology Services and Facilities Planning
Facilities owned and leased by state agencies represent a significant financial investment by the citizens of Washington. To manage this investment by using state facilities to their fullest potential before acquiring new facilities whenever possible, the Office of Financial Management (OFM) is required to establish and maintain a process for the approval of new space.
To understand and manage the significant financial investment made by the citizens of Washington in state-owned and leased facilities used by state agencies, RCW 43.82.150 requires OFM to develop and maintain an inventory system of all facilities owned and leased by state government.
The inventory of state-owned and leased facilities by state agencies represents a significant financial investment by the citizens of Washington state. As a result, RCW 43.82.150 requires an annual inventory of state-owned and leased facilities. This report is referred to as the annual facilities inventory.
State law requires the Office of Financial Management (OFM) to establish, deploy and maintain the state’s life cycle cost model for conducting analysis of various facilities' solutions, including ownership and leasing. It also requires OFM to establish policies, standards and procedures related to this model.
The Office of Financial Management’s Facilities Oversight Program oversees real estate procurement and management by applying a statewide perspective to analysis, long-term planning, policy development, and state facility portfolio management.