An ad hoc committee of experts will develop an implementation strategy for applying the business case for maintenance, renewal, and repurposing of federal facilities, not in support of a particular investment, but supporting a case for stewarding a portfolio. However, rather than identifying “what to do,” this effort will focus on “how to do it” within the context of existing legislation and executive guidance.
As part of its task, the committee may address the following questions:

• What are the benefits of federal infrastructural renewal and repurposing? What are the key performance indicators (KPIs) for the benefits?
• What are all the costs and what should be used to determine accurate full life cycle costs?
• How can savings in life cycle costs justify near term investment in renewal?
• What are the interdependencies of the various factors and how do they influence each other?
• What are alternatives to renewal of federally owned infrastructure? What is the risk and cost of a no investment option?
• What are the risks of having connected infrastructure of varying ages or stages of lifecycle?
• How should risks that deteriorating facilities, deteriorating building systems (e.g., mechanical, electrical), or components (e.g., roofs, foundations) pose to the achievement of a federal agency's mission or to other organizational outcomes (e.g., physical security, operating costs, worker recruitment and retention, healthcare costs), be measured and managed?
• How can the practices for delivering and sustaining facilities that meet mission requirements be implemented in the most cost effective, energy efficient, safe, adaptable, and sustainable way?

The study will also recommend feedback strategies and practices for measuring the actual (as opposed to predicted) outcomes of maintenance and repair investments to aid in continuous improvement of investment strategies. The study will include in the business case options and strategies to present the renewal of facilities in the federal portfolio.