Federal Asset Sales Performance Measures - Summary View
The Federal Asset Sales (FAS) identifies, recommends, and implements improvements for asset recovery and disposition, making it easier for agencies, businesses, and citizens to find and acquire/buy federal assets.
| Metric Name | Measure | Measure Period | FY08 Target | Description/Context |
|---|---|---|---|---|
| % of Federal agencies using the FAS portal to sell real property | 100% | Q1 FY08 | 100% | 26 out of a total of 26 Scorecard agencies that are using the FAS portal to sell real property. Real property includes commercial, residential, land, and farm property. Usage is defined as posting or planning to post assets. |
| % of Federal agencies using the FAS sales centers to sell personal property | 100% | Q1 FY08 | 100% | 25 out of a total of 25 federal agencies are using the FAS sales centers to sell personal property. The FAS sales centers include the General Services Administration (GSA), the Department of Treasury, the Department of Justice (DOJ) (U.S. Marshals Service), and the U.S. Department of Agriculture (USDA). The universe of agencies that are required to either become or use a personal property sales center is from Draft Regulation FMR 102-38. Personal property includes anything that is not real property. |
| # of assets posted to the portal | 150,163 | Q1 FY08 | Not Available | Q3 assets posted include personal property from GSA and USDA, and real property from USDA, GSA, HUD, and VA. Q4 assets posted include personal property from GSA, USDA, Treasury, and USMS, and real property from Treasury, State, Justice, DOI, USDA, GSA, HUD, and VA. |
| # of agency assets sold | 127,638 | Q1 FY08 | Not Available | Q3 assets sold include personal property from GSA and USDA and real property from USDA, GSA, HUD, and VA. Q4 assets sold include personal property from GSA, USDA, Treasury, and USMS, and real property from Treasury, State, Justice, DOI, USDA, GSA, HUD, and VA. |
| Total Gross Sales Revenue | $1,062,515,540 | Q1 FY08 | Not Available | This includes the total gross sales revenue that comes through the sale of assets through the FAS portal. |
| # of visitors accessing FAS portal per month | 234,773 | Q1 FY08 | 171,909 | Average monthly visits for the quarter. |
| Customer satisfaction with the FAS portal | 69 | Q1 FY08 | Not Available | Customer satisfaction is measured on a scale of 0-100 using the American Customer Satisfaction Index (ACSI). |
| Total Net Sales Revenue | $969,230,239 | Q1 FY08 | Not Available | Total net sales revenue is proceeds minus costs. |
| % of assets sold equal to or greater than Market Value | 73% | Q1 FY08 | Not Available | Metric applies to select personal property items (i.e. FSG 15 - Aircraft, FSG 19 - Boats, FSG 23 - Motor Vehicles including cars, trucks, buses, and motorcycles, FSG 2420 - Wheeled Tractors). Number is reported by agencies. |
| Disposal cycle times | 81 days | Q1 FY08 | Not Available | Reflects average time to dispose of an asset. This does not include seized, forfeited, and foreclosed assets. |
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