Posts Tagged ‘defense real estate’

Despite its apparent lack of interest in discussing the possibility of additional base closure rounds, the House Armed Services’ Readiness Subcommittee is sufficiently curious as to how long-term commitments the services have made in conjunction with defense real estate projects would be affected by future closures that it requests GAO to study the issue. The panel’s request to GAO to look at the impact of base closures on alternatively financed projects is included in the report language accompanying its section of the fiscal 2013 defense authorization bill …

East Greenwich, R.I.-based Picerne Military Housing was awarded the number one resident satisfaction ranking for portfolios with at least 10,000 homes based on a 2011 survey of residents served by nearly 150 property management firms. The 2011 survey marks the fourth time the company has earned the number one resident satisfaction ranking for portfolios with at least 10,000 homes …

Newton Square, Pa.-based Balfour Beatty Communities was recognized for its commitment to energy efficiency by Fort Bliss as part of its 2012 Earth Day Awards for environmental and energy excellence. The Balfour Beatty Communities team was recognized for energy efficiency improvements made to both new and existing homes at the El Paso, Texas, post in 2011, as well as for its work in implementing the Live Army Green program, a DOD initiative that encourages energy conservation by residents …

Legislation that would rely on the Office of Management and Budget to oversee the disposal of thousands of excess federal buildings could start advancing in the Senate next month. Sen. Tom Carper is planning to mark up S. 2178 in the subcommittee he chairs, the Federal Financial Management Subcommittee of the Homeland Security & Governmental Affairs Committee …

Defense officials take into account multiple factors in selecting a particular financing approach for a renewable energy project, including the length of time to obtain funding, cost of financing, who pays to operate and maintain the project and availability of funding, the Government Accountability Office learned after interviewing officials at the Pentagon, military services’ headquarters, installations and the Energy Department …

The military services overwhelmingly rely on up-front appropriations to finance small-scale renewable energy projects, while private sector investments are the driving force behind large-scale projects, according to data compiled by GAO. Almost 90 percent of small-scale projects — ones designed to produce less than 1,000 megawatt-hours annually, such as solar panels or ground source heat pumps on individual buildings — use up-front appropriations, such as military construction funds or operation and maintenance funds …

Officials from Fort Hood and its Liberty Village neighborhood celebrated the activation Tuesday of a 3,000-panel solar field that is expected to generate 1 million kilowatt hours of energy annually, or about 20 percent of the electricity needed to power the neighborhood’s 300 single-family homes. Universal Services Fort Hood financed the $3 million project that will offset power bills from the post’s directorate of public works …

The Air Force has set a goal of generating a net present value of $5 billion through the enhanced use leasing program through fiscal 2020, with a special emphasis on projects relying on the production of renewable energy, according to testimony submitted by Terry Yonkers, assistant secretary for installations, environment and logistics, to the House Military Construction Appropriations Subcommittee. So far, the service has executed nine leases with a net present value of $233 million under the program. Officials are close to completing a comprehensive survey of all Air Force installations to identify potential sites for new EUL projects …

The House on Tuesday passed a second measure this year intended to slash the federal portfolio of excess property by overhauling the existing disposal process. The Federal Building and Property Disposal Act, which passed in a 403-0 vote, creates a five-year pilot program that would expedite the disposal of the most profitable properties by removing red tape …

The Army is advancing on multiple fronts as it moves closer to realizing its goal of partnering with the private sector to develop large-scale renewable energy projects at its installations, senior officials said Thursday during a media briefing. Last month, the service released a draft request for proposal for a multi-award task order contract that will allow the Army to negotiate power purchase agreements with approved development teams for a total of $7 billion worth of electricity over 30 years …