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Real Property Services acts on behalf of the Budget and Control Board
as the single central broker for the
leasing of real property for state governmental bodies. Whenever a state agency wishes to lease property,
Real Property Services conducts a search for available properties (usually through a
"solicitation" process)
and negotiates a lease. This staff also markets state-owned properties and space maintained by the Budget
and Control Board available for lease to other governmental bodies. Real Property Services also assists
state agencies in the leasing of other state-owned real property not maintained by the Budget and Control
Board to other governmental bodies and private entities which, for brevity, are referred to as "lease-outs."
Also, all state agencies are required to report annually to Real Property Services all leases exempt from Budget
and Control Board oversight, and Real Property Services also maintains an inventory of all such exempt leases.
| Reports of Leased Properties |
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