Lease Process Reform
Please Note: The final Report on Lease Process Reform is available now.
Our goals are to streamline, standardize, and simplify how we do business.
Streamlining means reducing redundant steps and scaling back risk-averse policies that increase lease cycle time and make it difficult for many potential lessors to compete for our business.
Standardizing means adopting a common, shared framework or starting point. This consistency seeks to avoid regularly reinventing the wheel for ordinary processes, yet still allows for innovation and flexibility.
Simplifying means reducing the number of moving parts and complicated mechanisms for performing conceptually simple tasks. Though substantial revision to current process, policy, and procedure is important and a significant part of the Reengineering Team’s efforts, in some instances managing the small is in order. For example, the smallest tweak in a longstanding general clause or a minute change in an existing policy is all that is required to make a major difference. The team recognizes that for significant change to occur, we must balance both large and small-scale revision and improvement.
Lease Process Reform Documentation
|April 2011||Lease Process Reform Final Report|
|October 2010||Lease Reform Policy Circular 1 & 2|
|March 2010||Final Recommendations Report|
Lease Reform Policy Circular (LRPC) is a policy requirement in effect prior to completion of a Lease Acquisition Circular (LAC) issuance. LACs are incorporated into the Leasing Desk Guide.