ANALYSIS OF FACILITY REAL PROPERTY DATA FOR NAVAL SUPPORT ACTIVITY MONTEREY
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Author
Diaz, Richard
Date
2018-12Advisor
Candreva, Philip J.
Rendon, Juanita M.
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The Department of Defense (DoD) is responsible for over 70% of all federal government-reported assets. As of fiscal year 2017—as reported by the Government Accountability Office in a document titled The Navy Needs to Improve Internal Control over its Buildings—the DoD reported on its financial statements over 562,000 facilities and 24.9 million acres around the world, with a plant replacement value (PRV) of $880 billion. The DoD cannot demonstrate that the information is accurate and reliable. It is unable to assert the existence and completeness of its real property records. The Navy stores facility property records in the internet Navy Facility Assets Data Store (iNFADS), which include land, building, structures, and utilities. Naval Facilities Engineering Command maintains iNFADS, and the data feeds the Facility Sustainment Model (FSM), which is used to estimate and forecast the annual facilities sustainment requirement for maintenance and repairs of buildings and structures for the DoD. This research study addressed the completeness and existence of facility real property records for Naval Support Activity Monterey, identified 18 facility real property record discrepancies, and discussed the impact on the FSM allocation for the installation. Once corrected, the discrepancies will add $14,458.75 (.1149%) to the NSA Monterey forecast. Based on the analysis, recommendations were made.
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MBA Professional Project
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