The Planning and Asset Management program continuously evaluates the state's real property inventory and performs the following processes and duties:
1) financial, market, location and site analyses;
2) studies to determine whether it is more cost effective to buy, build or lease facilities;
3) space utilization/need assessments and development of space standards for all state agencies;
4) due diligence coordination for land acquisitions;
5) preliminary project analyses that result in proposals for improved space utilization, facility acquisitions, dispositions, leasing, modifications or new construction; and
6) identify underdeveloped or underutilized State properties and administer the public-private partnership development program including the receipt, evaluation and selection of qualifying projects.
A significant portion of the program's activities are reflected in its statutorily required biennial "Facilities Master Plan Report"- this document is a compilation of required reports and is the Commission's vehicle to inform state leadership of the status, costs of state-owned and leased facilities and introduce cost effective initiatives and solutions to housing State government.