Sec. 4. United States Postal Service property management
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Chapter 5 of subtitle I of title 40, United States Code, as amended by section 3, is amended by adding at the end the following: In this subchapter: The term excess property means any postal property that the Postal Service determines is not required to meet the needs or responsibilities of the Postal Service. The term postal property means any property owned or leased by, or under the control of, the Postal Service. The term Postal Service means the United States Postal Service.
The term underutilized property means a portion or the entirety of any real property, including any improvements, that is used— irregularly or intermittently by the Postal Service for program purposes of the Postal Service; or for program purposes that can be satisfied only with a portion of the property. The Postal Service— shall maintain adequate inventory controls and accountability systems for postal property; shall develop current and future workforce projections so as to have the capacity to assess the needs of the Postal Service workforce regarding the use of property; may develop a 5-year management template that— establishes goals and policies that will lead to the reduction of excess property and underutilized property in the inventory of the Postal Service; adopts workplace practices, configurations, and management techniques that can achieve increased levels of productivity and decrease the need for real property assets; assesses leased space to identify space that is not fully used or occupied; develops recommendations on how to address excess capacity at Postal Service facilities without negatively impacting mail delivery; and develops recommendations on ensuring the security of mail processing operations; and shall, on a regular basis— conduct an inventory of postal property that is real property; and make an assessment of each property described in subparagraph (A), which shall include— the age and condition of the property; the size of the property in square footage and acreage; the geographical location of the property, including an address and description; the extent to which the property is being utilized; the actual annual operating costs associated with the property; the total cost of capital expenditures associated with the property; the number of postal employees, contractor employees, and functions housed at the property; the extent to which the mission of the Postal Service is dependent on the property; and the estimated amount of capital expenditures projected to maintain and operate the property over each of the next 5 years after the date of enactment of this subchapter. .
The table of sections for chapter 5 of subtitle I of title 40, United States Code, as amended by section 3, is amended by inserting after the item relating to section 626 the following: SUBCHAPTER VIII—United States Postal Service property management Sec. 641. Definitions. Sec. 642. United States Postal Service property management. .