Personal Property Policy Overview

In 2022, the federal government owned approximately $2 trillion in personal property assets. Managing these assets – office supplies to aircraft – is an important responsibility. We give federal agencies the regulations, policies, and guidance they need to manage and dispose of personal property.

These policies explain how you:

  • Collect, analyze, and report data on federal personal property;
  • Facilitate federal agency discussions on personal property management through the Interagency Committee on Property Management (ICPM);
  • Provide policies and guidance on personal property management and on special programs such as exchange/sale and foreign gifts; and
  • Provide personal property regulations in the Federal Management Regulation (FMR).

Questions? Contact Ask Personal Property

Last Reviewed: 2023-05-04