Office of Contracts & Real Estate Management

Building 16A

Office of
Contracts & Real Estate Management
Building 16A

The Office of Contracts and Real Estate Management (OCREM), created in April 2012, provides oversight for construction and facilities service contracts, and tracks the University's real property. The primary objective of the office is to reduce operating costs, and ensure contracts and real estate transactions make good business sense.

OCREM reviews all construction contracts, facilities services contracts, leases and real estate documents for clarity, consistency and adherence to Federal, State and Local laws and statutes, and UCF regulations. The contracts are examined to ensure that UCF obtains the best value, best performance, and best cost.
 
Office of Contracts & Real Estate Management
The acquisition, disposal, and leasing of University real estate is coordinated through OCREM. As the University has grown, space on campus has become limited, and space requirements for Colleges and departments are not always met. Subsequently, many Colleges and departments have sought to lease space off campus.
 
Contract Management OCREM works closely with Space Administration (SA) to determine if requests to lease space off campus are warranted, and works closely with General Counsel to ensure that all lease agreements are in compliance with all applicable rules and regulations, and in the best interest of the university.

It is important to note that all University real estate (including land, buildings, air rights, water rights, timber rights, and mineral rights) is owned by either the State of Florida or the UCF Foundation, and not the academic, research, or administrative unit that is assigned, occupies, or otherwise uses the space.


 
 

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University of Central Florida
Resource Management - Building 16A
PO Box 163630
Orlando, FL 32816-3630