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RICS Public Sector Asset Management Guidelines: Best Practice

Posted on: 16 March 2012
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RICS has released its Public Sector Property Asset Management Guidelines to facilitate savings across estates and services. The public sector is under constant pressure to cut costs and release capital. At the same time, service delivery and quality expectations are increasing, requiring more efficient and effective use of all resources. It is in the context of these challenges and opportunities that RICS has released its new Public Sector Asset Management Guidelines. Two separate documents, the Senior Decision Makers’ Guide and a Quick Start  Guide, have been developed to sit alongside the main guide to educate senior decision makers of the business-related benefits of property asset management. The guidelines enable users to create a property asset management plan, deliver a portfolio of space in accordance with that plan and, thereafter, track the post-occupational results.

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