Luke AFB Energy 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:

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

     10 U.S.C 2667

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

Advantages/Benefits:

1.  Greater flexibility in application of lease proceeds.

2.  An alternative to real property disposal.

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

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.