GSA GSA Specialist Property & Asset Management 3

Question 1

What is a 'utilization review' in the context of federal real property management?

Accepted Answer

An assessment of whether a facility is being used efficiently and at its intended capacity

Answer

An audit of how federal funds are being spent on property maintenance

Answer

A review of contractor performance on building management contracts

Answer

An environmental compliance inspection of federal properties

Question 2

Under the FMR, what is the minimum period that personal property must be screened within the federal government before being offered to other disposal recipients?

Accepted Answer

15 days

Answer

7 days

Answer

30 days

Answer

60 days

Question 3

What type of federal building is subject to the requirements of the National Historic Preservation Act before disposal?

Accepted Answer

Any building listed in or eligible for the National Register of Historic Places

Answer

Any building over 25 years old

Answer

Any building with a replacement value over $1 million

Answer

Any building built before 1950

Question 4

What is the role of the Federal Real Property Council (FRPC)?

Accepted Answer

To develop government-wide guidance on federal real property management and reduce the federal footprint

Answer

To negotiate federal building leases with private landlords

Answer

To oversee federal construction project budgets

Answer

To manage the National Park Service properties

Question 5

Which disposal method allows GSA to sell surplus federal real property through a public auction or sealed bid process?

Accepted Answer

Competitive Sale

Answer

Public Benefit Conveyance

Answer

Negotiated Sale

Answer

Exchange/Sale

Question 6

What is required before a federal agency can demolish a building that is listed on the National Register of Historic Places?

Accepted Answer

Completion of the Section 106 consultation process under the National Historic Preservation Act

Answer

Approval from the GSA Administrator only

Answer

Congressional authorization and appropriations

Answer

A public referendum in the community where the building is located