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Posts Tagged ‘defense real estate’

Pilot to Privatize Commissaries Should Be Postponed, Inhofe Says

  • June 16, 2015
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A proposal to privatize five commissaries under a two-year pilot program should be stripped from the Senate version of the fiscal 2016 defense authorization bill, according to a commentary by Sen. Jim Inhofe (R-Okla.) published in Military Times. Congress should complete an evaluation of the feasibility of privatizing military grocery stores before launching a pilot program, writes Inhofe, a senior member of the Armed Services Committee. “Privatizing military commissaries before conducting an assessment of the costs and benefits of such significant reform is irresponsible,” he states. “I want to know the cost and savings as well as the risks and benefits associated with privatization before any action is taken,” Inhofe says …

Senate Appropriators Reject DOD Plan to Trim Commissary Subsidy

  • June 12, 2015
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Senate appropriators on Thursday restored $322 million in funding for military grocery stores while marking up the fiscal 2016 defense spending bill, matching a similar move by their House counterparts. The Obama administration’s budget request recommended the cut — out of a total allocation of $1.4 billion for commissaries — which would have been accommodated by reducing days of operation and operating hours, laying off staff and closing some stores, reported Military Times. Sen. Barbara Mikulski (Md.), the committee’s top Democrat, criticized the proposal as a shortsighted idea from “Pentagon bean splicers” and said those savings should not come at the expense of military families …

Administration Criticizes Senate Bill for Pursuing Privatization of Commissaries

  • June 4, 2015
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The White House this week said it opposes provisions in the Senate’s draft of the fiscal 2016 defense authorization bill that would test the feasibility of privatizing military grocery stores. The bill, S. 1376, calls for the Defense Department to develop a plan to privatize the Defense Commissary Agency, wholly or in part. It also directs the Governmental Accountability Office to assess the potential costs and benefits of privatizing the entire network of commissaries and determining whether any barriers exist to privatizing the commissary system. Following the GAO study, DOD would be required to privatize at least five commissaries under a two-year pilot program to evaluate the feasibility of its privatization plan. The White House, though, is critical of the Senate proposal …

Hunt Acquires Half of British Infrastructure Firm

  • June 4, 2015
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El Paso, Texas-based Hunt Cos., one of the nation’s leading developers of privatized military housing, acquired a 50 percent ownership in London-based Amber Infrastructure Group in a transaction designed to help Hunt take advantage of North America’s growing infrastructure market. Hunt has worked on public-private partnership projects for decades, as well multifamily housing, military housing, community development, commercial and mixed-use development, land development, real asset investment management and property/asset management. Amber has sourced, developed and financed more than 125 social infrastructure, transportation, renewable energy and urban redevelopment projects across the United Kingdom, Europe, Canada and Australia, focusing on P3s …

Battle Lines Drawn over Commissary Funding

  • June 4, 2015
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The fiscal 2016 defense spending bill approved Tuesday by the House Appropriations Committee would restore $322 million DOD had proposed to cut from the Defense Commissary Agency’s budget as an initial step to scaling back the federal subsidy for military grocery stores. The cuts would force U.S. commissaries to be operated more like a business, forcing them to reduce customer discounts, as well as trim staff, store hours and the days stores are open. The Senate Armed Services Committee, however, adopted the department’s proposal to slash funding for commissaries in its draft FY 2016 defense authorization bill, raising the chances that the two chambers will need to find a compromise when they hash out next year’s defense budget …

Community, Seymour-Johnson AFB in Talks over Lease for Sports Facility

  • June 1, 2015
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Officials from the city of Goldsboro and the Air Force are negotiating a lease for a 62-acre parcel at Seymour-Johnson Air Force Base in eastern North Carolina to develop a multi-sports facility. The project — a collaborative effort between the installation, the Air Force Community Partnership Program and the Air Force Civil Engineer Center (AFCEC) — optimizes property value and is compatible with the base’s mission, according to Robert Moriarty, director of AFCEC’s Installations Directorate. “This project is an example of how collaboration and a business-minded approach yield opportunity,” Moriarty said. The city would lease the property through an enhanced use lease. The final lease documents will be signed once lease term negotiations and environmental requirements are complete, reported AFCEC Public Affairs.

Planned EUL Expected to Move ahead at Pax River

  • May 27, 2015
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Plans for a developer to construct four office buildings inside the fence line at Naval Air Station Patuxent River under DOD’s enhanced use leasing (EUL) program continue to move forward despite resistance from the business community in southern Maryland. Hines is poised to reach a deal with the Navy to build four, 150,000-square-foot office buildings, an initiative Maryland officials and local advocates for the base favor as a way to enhance the mission at Pax River as a possible round of base closure looms, reported BayNet.com. The Navy needs the project, which has the potential to encompass seven sites and 2 million square feet of space, to accommodate 3,000 Naval Air Systems Command workers now housed in trailers on base …

Senate Bill Embraces DOD’s Commissary Reforms

  • May 25, 2015
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The Senate Armed Services Committee adopted the Defense Department’s proposal to slash funding for commissaries by $322 million as an initial step to scaling back the federal subsidy for military grocery stores, under the fiscal 2016 defense authorization bill the panel approved May 14. DOD’s cost-cutting plan would trim the overall savings for military families and veterans from an average of 30 percent to 28 percent, reported Stars and Stripes. More than half of the savings — representing a 23 percent funding cut for the Defense Commissary Agency — would come from operating efficiencies, including reducing staff, store hours and the days stores are open …

Army Reserve Looks to Industry to Support its Real Estate Initiatives

  • May 25, 2015
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The civilian responsible for running the Army Reserve’s installations is asking the commercial real estate industry for creative solutions to help it manage and maintain its massive portfolio through more public-private partnerships. “We’re inviting you to come to us with any concepts, theories, solutions, even revolutionary thinking, across all operational areas — policy, contracting, private sector investments, property use, energy security and renewable energy — that will help us reduce costs while also becoming more effective in the capabilities we need to achieve our mission,” said James Balocki, the Army Reserve’s CEO and director of services and installations …

Senate Bill Calls for Privatization Pilot for Commissaries

  • May 19, 2015
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At least five military commissaries would be privatized under a two-year pilot program, according to the version of the fiscal 2016 defense authorization bill passed by the Senate Armed Services Committee Thursday. In addition to the pilot program, the bill calls for the Governmental Accountability Office to assess the potential costs and benefits of privatizing the entire network of military grocery stores, reported Stars and Stripes. The committee has not yet released the bill text or committee report. Veterans of Foreign Wars issued a statement opposing the Senate plan because it would cut into the discounts enjoyed by military families and veterans …

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