Improving Army Installation Facility and Land Use Deals and Partnerships

📖 The Scoop

Army installation facility and land use deals and partnerships can provide Army installations with substantial benefits, such as saving costs and improving installation operations. The partnerships that often produce the greatest financial benefits involve installation real estate, buildings, and other facilities (such as air fields). These arrangements have generated significant revenue and saved substantial funds for some military installations. Army installations have been facing significant budget reductions and need to find ways to maintain operations and even enhance installation readiness despite declining budgets. An installation real estate deal or facility sharing partnership might be one way for the Army to save and earn large amounts of money. However, the U.S. Army has taken only limited advantage of these approaches, partly because of several barriers. Implementing these arrangements can be time-consuming, complex, and manpower-intensive, and they require significant local knowledge and ongoing community and partner communications. In addition, their development and implementation usually require financial, legal, contracting, real estate, engineering, and other technical expertise and resources, and these are not always readily available on the installation. This report assesses Army installation real estate and facility deals and partnership approaches, such as large-scale leasing deals (sometimes called enhanced use leases [EULs]), and provides recommendations to improve installation use of these approaches to save costs, improve installation operations and readiness, and increase other benefits.

Genre: Business & Economics / Human Resources & Personnel Management (fancy, right?)