The Facilities Sustainment, Restoration and Modernization (SRM) program, (formerly Real Property Maintenance) provides funds to keep the Department?s inventory of facilities in good working order, (i.e., day to day maintenance requirements).
In addition, it provides resources to restore facilities whose age is excessive or have been damaged by fire, accident, or natural disasters and alternations of facilities to implement new or higher standards to accommodate new functions or mission.
The demolition program provides funds to demolish and dispose of obsolete and excess structures of which some have been around since World War II. The funds depicted above do not include amounts financed through the Working Capital Funds for sustainment and restoration of the Fund activities.
Costs of military personnel assigned to SRM activities are also excluded, as SRM requirements are funded in the RDT&E and Military Construction accounts.
Thanks Buyerman!
So my follow-up questions deals with the bolded sentence. Does this mean I will be able to use SRM/O&M money to fund a restoration project where it exceeds 750k? Certainly restoration is more like construction than maintenance and repair. Does SRM funding allow restoration projects up to 7.5 mil without congressional approval?
Joel or any other construction persons. What are your thoughts?