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COMMERCE BUSINESS DAILY ISSUE OF APRIL 6,1998 PSA#2067

COMMENTS ON REAL ESTATE PRACTICES The Department of the Treasury's Executive Office for Asset Forfeiture (EOAF) is seeking comments on real estate practices. EOAF administers the Department's seized property program and is interested in receiving comments on best practices from real estate services groups or brokers on best practices to handle the custody, maintenance, and sale of real properties, judicially forfeited, to maximize revenues from their disposition. The Treasury Department's law enforcement agencies seize real properties throughout the United States and its possessions. These real properties may include vacant land, single family residences, townhouses, condominiums, apartment complexes, operating businesses and other commercial properties. EOAF is only requesting information at this time on possible new, better and innovative ways to accomplish the Department's goals in this area of seized property management. Respondents should not assume that new contracts will be let; nor should this be considered a Request for Proposals. Comments should be addressed to Mr. Raymond Mastrogiovanni, Real Property Team, Executive Office for Asset Forfeiture, Suite 700, 740-15th Street, N.W., Washington, DC, 20220. Submissions of six (6) pages or less may be faxed to 202-622-9610. The comment period will close on June 12, 1998. All submissions will be acknowledged. The Government is not responsible for costs incurred in preparing a response to this notice.

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