§31505 Development of Enhanced-use Lease Policy

Summary

The Administrator must create a government-wide policy for enhanced-use leases. The policy must be based on good business judgment and lessons from the demonstration centers, and include controls and steps to track actions and protect the government's interests. The policy must: explain how to decide if a lease gives better economic value than using appropriated funds or selling the property; identify needed security and access changes, coordinate those changes with current tenants, and estimate their costs; define how to measure program success; and require accounting controls like an audit trail and clear records for financial transactions.