US Government Efficiency Failure: Built Infrastructure Accounting

Miniseries on the US Government's Failure to Efficiently Manage its Built Infrastructure Portfolio

This Asset Management Partnership (AMP) Newsletter begins a miniseries that covers how the US Government is failing to manage its built infrastructure and how this problem can be solved.

The US Government is failing in its fiduciary responsibility to efficiently manage its built infrastructure portfolio.  The US Government owns and operates one of the largest built infrastructure portfolios in the world.  This portfolio includes buildings, structures, and related site works.  This portfolio includes nearly 3 billion square feet of building space.  It is the place where Federal employees and military service members go to work and the place where people go to get the help and services that are provided by the US Government.  It includes offices, hospitals, research facilities, production facilities, power generating stations, schools, customer service centers, housing, and maintenance and storage buildings.

The US Government’s fiduciary failure is caused by poor laws and policies that h…