Capital Asset Policy, Planning, and Strategy (CAPPS) Service | Capital Asset Management Service (CAMS)
— This service provides technical assistance; tools and training; analytical and staff support to the SMC and CIO, and sets program specific guidelines and investment standards. Specifically, the IED Service will:
- Provide analytical support to the SMC and CIO Council by developing recommendations regarding capital allocation, ensuring coordination of capital planning efforts and significant capital investment initiatives, prioritizing, selecting, and monitoring significant capital investments, and supporting the CIO Council with respect to IT asset management related deliberations and ensuring linkage to the CIO on all IT matters.
- Manage Departmental asset initiatives, which are initiatives that establish a precedent in the manner by which the Department acquires, manages, and/or disposes its capital holdings or other initiatives identified as high visibility or significance within the Department. Provide guidance and direction regarding the implementation of below threshold asset management activities.
- Set financial standards and standards for investments by providing program-specific guidance and assistance on life-cycle cost terms and economic analysis (cost-benefit analysis, NPV, discount rates, inflation rates, etc.). Establish standards for valuing capital assets, consideration received, appropriate returns and profits with respect to private asset development efforts. Perform detailed review of proposed private venture financing arrangements.
- Set trust standards/administration by performing financial oversight to identify and quantify the benefits, costs, and liabilities (financial and legal) of proposed trust structures, and a detailed review of private venture agreements, ensuring that trusts are well managed and are in compliance with generally accepted financial standards.
- Provide technical assistance and training to the Administrations and staff offices in the development of all capital investment and asset management proposals, including determination of appropriate development mechanism or program, financial structure and analysis. Assist project managers with financial analysis of individual projects; gap analysis; and performance management of individual projects. Provide national training, field training and lessons learned sessions, including sessions at the Administration’s planning conferences. Assist Administrations and staff offices in developing capital asset plans and processes that are compliant with directions from OMB, GAO, Congress, and Departmental priorities.
- Provide technical tools such as: 1) Capital Investment Methodology Guide (including guides to explain the use of the financial and other analysis templates); 2) standardized applications for data gathering and review; 3) develop and maintain financial and other analysis template in electronic format; and 4) inter/intranet sites with all relevant Capital Investment information (reference library; electronic templates; Methodology Guide and current application, FAQs and links to other relevant government sites). These tools include the development and maintenance of the web sites and analysis templates. Provide technical assistance on developing and implementing enhanced-use projects (e.g., business/concept plan development, public hearing, notice of designation, solicitation development. etc.). Develop primary liaison with financial institutions, developers, trade associations, and other development-related organizations relating to Department asset management tools and initiatives.
- Conduct market research and analysis to keep abreast of and maintain asset management techniques and strategies and monitor appropriate industries and markets for best practices and innovations.
- Ensure significant facility capital investments decisions support the Department’s strategic plan goals and long-term Capital Asset Plan by issuing guidance and ensuring investment decision methodology reflect the appropriate linkage to the Department’s strategic goals. Provide direction, review, and oversight of the use of capital asset management initiatives.
- Serve as liaison with OMB, GAO, and Congress between proposal originators and external entities, including appropriations and authorizing committees, and other interested parties with regard to individual capital investment proposals and overall capital policies.