Bill Text: WV HB4701 | 2020 | Regular Session | Introduced
Bill Title: Establishing a comprehensive framework for the management of all real property assets of the state
Spectrum: Slight Partisan Bill (Republican 8-3)
Status: (Introduced - Dead) 2020-02-05 - To House Government Organization [HB4701 Detail]
Download: West_Virginia-2020-HB4701-Introduced.html
WEST virginia legislature
2020 regular session
Introduced
House Bill 4701
By Delegates Howell, C. Martin, Dean, Higginbotham, Ellington, Fast, Graves, Pushkin, Caputo, Staggers and Hamrick
[Introduced February 05, 2020; Referred to the Committee on Government Organization]
A BILL to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §5A-10-10a, relating to establishing a comprehensive framework for the management of all real property assets of the state; specifying essential criteria; and requiring reports to be made to the Joint Committee on Government Operations.
Be it enacted by the Legislature of West Virginia:
ARTICLE 10. REAL ESTATE DIVISION.
§5A-10-10a. Asset management framework; essential characteristics; reporting.
(a) The Real Estate Division, in consultation with any spending units which own, lease, or possess real property on behalf of the state, shall establish a comprehensive framework for the management of all real property assets of the state. The objectives for this asset management framework shall be to:
(1) Identify and categorize all real property managed by every spending unit pursuant to the provisions of this article;
(2) Prioritize actions needed to improve the operational and financial management of each spending unit’s real property inventory;
(3) Use life-cycle cost estimations for those actions;
(4) Identify asset management goals and measure progress towards those goals; and
(5) Manage real property assets in a manner that supports the spending unit’s goals and maximizes the assets’ value to the state.
(b) The development of the comprehensive framework may be based upon existing standards for asset management, such as the ISO 55000 standard, the International Infrastructure Management Manual, or the Publicly Available Specification (PAS) 55, and shall manifest the following characteristics and best practices:
(1) Establish formal policies and plans for management of real property assets including the acquisition and disposition of real property assets;
(2) Maximize the value of the state’s portfolio of real property assets;
(3) Pursue and demonstrate leadership support throughout all spending units;
(4) Collect, analyze, and verify the accuracy of all asset data;
(5) Promote a collaborative environment, a culture of information sharing, and mechanisms for enterprise-wide decision-making; and
(6) Evaluate, on a continual basis, the performance of the asset management system and implement improvements as needed.
(c) Every spending unit which owns, leases, or otherwise possess real property on behalf of the state shall comply with the objectives and procedures of the asset management framework in the management of all of the spending unit’s existing real property assets and assets to be acquired.
(d) At least once every four years, the Real Estate Division shall make a presentation and written report to the Legislature’s Joint Committee on Government Operations regarding the asset management goals established through the framework, the state’s progress toward those goals, the spending units which have not worked within the established framework, and recommendations, if any, for additional legislation to further the purposes of §5A-10-1 et seq. of this code.
NOTE: The purpose of this bill is to require the Real Estate Division of the Department of Administration to develop and implement an asset management framework, consistent with best practices or characteristics identified by the United States Government Accountability Office, for the management of the real property assets of the state.
Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.
