Personal Property Management Policy Overview

The federal government owns approximately $1.6 trillion in personal property assets. These assets range from office supplies to aircraft and motor vehicles. GSA provides federal agencies with policies and guidance to acquire, manage, and dispose of federal personal property effectively.

This includes:

  • Facilitating the Interagency Committee on Property Management (ICPM),
  • Providing federal agencies with policies and guidance on personal property management,
  • Collecting, analyzing, and reporting data on federal personal property, and
  • Publicizing federal agency efficiencies and innovations through GSA’s Achievement Awards for Innovation in Personal Property.
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