Eglin AFB EUL
EUL Process

 

Overview:

1. An EUL is a lease of land, natural infrastructure or equipment for consideration equal to the asset's fair market value.

2.  EUL implements Federal policies requiring efficient, business-like management of Federal real property assets. Authority includes:

3.  Exec. Order No. 13,327 - Federal Real Property Management

4.  10 U.S.C § 2667

5.  Title 10 has expanded authority to DoD installations to provide incentive to obtain a broader range of cash and in-kind consideration for leasing opportunities.

 

Advantages/Benefits:

  1. 1.  Greater flexibility in application of lease proceeds.

  2. 2.  An alternative to real property disposal.

  3. 3.  Use of under-utilized assets to support unfunded Air Force requirements by generating value
    (cash or in-kind) to address Air Force installations' support-related requirements.

  4. 4.  Increased ability to respond to mission shifts and realignments (i.e. BRAC).


Additional Information:

For additional information about the EUL process please refer to the AFRPA website located at http://www.safie.hq.af.mil/afrpa/eul/index.asp.  Here you can find detailed information about procedures and guidance, including frequently asked questions and an EUL Handbook produced by the Air Force.