This continues the Foundational Thinking miniseries with an overview of the National Academies of Science, Engineering, and Medicine’s (NASEM) Stewardship of Federal Facilities – A Proactive Strategy for Managing the Nation’s Public Assets published in 1998. This article is a little longer than others because Stewardship was the first source to fully define the facility asset management landscape in the US Federal Government. This foundation is important in later newsletters that chronical advancement of supporting asset management capabilities in this sector. This narrative will climax in an overview of NASEM's most recent report, Strategies to Renew Federal Facilities. If the problems detailed in Stewardship were fixed there would have been no need to write Strategies.
Stewardship’s preface includes the statement:
“The ownership of real property entails an investment in the present and a commitment to the future. Ownership of facilities by the federal government, or any other entity, …
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