1 fims lease management and more 2009 fims/real estate workshop memphis, tn june 3, 2009 prepared...
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FIMS Lease Management and More
2009 FIMS/Real Estate WorkshopMemphis, TNJune 3, 2009
Prepared by: Gayle Smith, Energy Enterprise Solutions
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FIMS Leases
• FIMS Terminology−DOE Leased−Contractor Leased−DOE Ingrant
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FIMS Definitions
•DOE Leased – A possessory
interest in real property that
DOE acquired from the
owner of the property•Recorded in FIMS for Buildings, OSF and Trailers assets
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FIMS Definitions
• Contractor Leased – A possessory interest in real property that a contractor acquires from the owner of the property and DOE reimburses the contractor for the rent paid to the owner
•Recorded in FIMS for Buildings, OSF, Trailers and Land assets
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FIMS Definitions
•DOE Ingrant – A right acquired by DOE or its contractors for the use of real property of others by means such as a lease, license, easement, or permit
•Recorded in FIMS for Land assets
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FIMS Leased Land
• How do we determine if a
DOE Ingrant land record is a
lease?−The Acquisition Method
code on the Land Info window is set to “Lease”
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FIMS Land Info Window
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FIMS Leases
• DOE reports DOE leases,
Contractor leases and DOE
Ingrant land records designated
as leased to the Federal Real
Property Profile (FRPP) on an
annual basis
• Need to ensure that the FIMS
leases are kept current
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FIMS Expired Leases• No expired leases in FIMS
−Renew−Archive
• FIMS Standard report #062 Expired Ingrant Report (under the Special Reports submenu) is available to identify expired leases
• Currently 95 expired leases in FIMS
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FIMS Standard Report #062
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FIMS Expired Lease Disposition
• Leases that are no longer active, those that have expired or been terminated, need to be disposed of in FIMS
• Leases are disposed of in FIMS by archiving and designating them with a Disposition Status of either Lease Expiration or Lease Termination
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FIMS Lease Expiration
• Lease Expiration is to be used
for a lease that has expired at
term and is not being renewed
or a month to month lease that
is no longer being renewedEXPIRED
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FIMS Lease Expiration• To Archive an expired lease in FIMS,
the following data fields are required
to be populated on the Disposition
window:−Disposition Status - choose Lease
Expiration−Disposition Status Date – enter lease
expiration date
• Then archive the expired lease with
the FIMS Archive link
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FIMS Lease Termination
• Lease Termination is to be used
for early termination of a lease,
that is leased space that was
vacated prior to the end of the
lease term Early Termination
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FIMS Lease Termination• To Archive a terminated lease in FIMS,
the following data fields are required to be populated on the Disposition window:−Disposition Status - choose Lease
Termination−Disposition Status Date – lease termination
date−Disposition Value – the government’s gross
cost avoidance• This would be the cost savings of an early
termination of the lease• Must be greater than or equal $0
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FIMS Lease Termination• Required data fields cont:
−Net Proceeds – represents the total cost avoidance realized by the Government on the remaining term of the lease minus any Government cost associated with terminating the lease before the expiration date in the contract
• In some cases could be $0 or a negative number− If we were required to pay full value for an
early termination, the Disposition Value would be $0
− If we had to further spend $50K to prepare the property for return, the Net Proceeds would be -50K (negative $50K).
• Then archive the terminated lease with the FIMS Archive link
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FIMS Leases
Any questions on Leases before we move on?
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FIMS GSA Assigned
• FIMS tracks GSA Leased and GSA
Owned properties
• Not reported to the FRPP, but
DOE HQ Real Estate uses the
data for an Exhibit 54 report that
is sent to GSA and then on to
OMB
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FIMS GSA Assigned
• The data collected for these
assets can be obtained from the
GSA Rent on the Web (ROW)
system Rent Billshttps://www.pbs-billing.gsa.gov/
ROW−Rent Bills should be reviewed for
errors and corrected
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FIMS GSA Assigned
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FIMS GSA Assigned
• The GSA Assigned data is
required to be updated in FIMS
annual using the May Rent Bills (usually available mid May)
• FIMS deadline for updating the
GSA Assigned data was May 31,
2009
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FIMS GSA Assigned
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FIMS Outgrants
• Definition−The right to use DOE property by
means of a lease, easement, license, permit or interagency agreement. DOE, the “grantor”, grants to federal, state, and non-governmental entities (know as “grantees”) the right to enter upon government owned or leased land, property and/or facilities for the purpose of conducting grantee business.
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FIMS Outgrants• All outgrants that are 12 months
or greater in length should be captured even if only a portion of the property is involved in the Outgrant
• If the FIMS Outgrant Indicator (Prop Info) is populated with ‘Yes’, the data on the FIMS Outgrant window is required to be populated
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FIMS Outgrant window
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FIMS Outgrants
• Currently there are over 50 FIMS
assets with the Outgrant Indicator
= ‘Yes’, but the Outgrant window
has not been populated
• A report was distributed to the
specific POC on 5/12/09
identifying the records with
missing data
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