The Office of Contracts and Real Estate Management (OCREM), was created in April 2012, to provide oversight for construction and
facilities services contracts, as well as manage the University’s real property. The primary objective of the office
is to reduce direct and indirect operating costs for university departments.
OCREM reviews all construction and facilities services contracts for clarity, consistency and adherence to Federal, State and Local laws and statutes, and UCF regulations. The contracts are examined to ensure that UCF realizes best value, best performance, and best cost from the vendors.
|OCREM is also charged with oversight of UCF real property, and the University real estate strategy for all space leased or owned
by UCF. As the University
has grown, on-campus space has become limited, and space requirements for Colleges and departments are not always met. Subsequently, the solution
for many Colleges and departments has been to lease properties off campus. The acquisition, disposal, and leasing of all University real estate is therefore coordinated through OCREM.
It is important to note that all University real estate (land, buildings, air rights, water rights, timber rights, and mineral rights) is owned by the University of Central Florida, and not by the academic, research, or administrative unit that is assigned, occupies, or otherwise uses the real estate.
|OCREM works closely with the Space Planning and Analysis department (SPAA) to determine if requests to lease space off campus are warranted, and with General Counsel to ensure that all lease agreements are in the best interest of the university.|
|Part of the overall mission of OCREM is to
provide accountability for all university real estate, and
ensure accurate reporting of property inventory to the U.S.
Department of Education, the Florida Department of
Management Services, and the Florida Board of Governors.
OCREM also coordinates with administration to utilize or dispose of university assets in an environmentally friendly way in accordance with Federal and State regulations, as well University policies.