Among the four real property inventory
and financial scenarios demonstrated in GFEBS Release 1.
GSA officials are reviewing all of its properties to identify and remove all assets from its real property inventory
that are not financially self-sustaining or for which there is not a substantial, long-term federal purpose.
Through a robust technology demonstration conducted at Fort Jackson in July, GFEBS proved its ability to meet the information requirements needed to operate and support the management of Real Property Inventory
, part of the Army's general fund.
GFEBS tackles this issue head-on and will eliminate confusion about (and value associated with) real property inventory
across the Army.
However, the worldwide inventory GSA maintains is the only central source of more descriptive data on the makeup of the real property inventory
, such as property address, square footage, acquisition date, and property type.