Personal Property Policy Overview

The federal government owns approximately $1.9 trillion in 2022 in personal property assets. Managing these assets – office supplies to aircraft – is an important responsibility. GSA provides federal agencies with regulations, policies, and guidance on personal property management and disposal.

This includes:

Collecting, analyzing, and reporting data on federal personal property;
Facilitating federal agency discussions on personal property management through the Interagency Committee on Property Management (ICPM);
Providing policies and guidance on personal property management and on special programs such as exchange/sale and foreign gifts; and
Providing personal property regulations in the Federal Management Regulation (FMR).

Last Reviewed: 2022-07-12

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