The Division of Property Management & Construction (DPMC) is the Division within the Department of Treasury responsible for design and construction; procurement and administration; and real property management. The goal underlying all of the Division's activities is to conduct the business of government ethically, to promote economy, and to ensure efficiency and safety of operations. The DPMC manages a portfolio of over 700 capital construction projects with an estimated value of $1 billion. The DPMC also oversees building management and maintenance programs for public buildings in Trenton's Capitol Complex, and in leased spaces occupied by various Departments throughout the State. In conjunction with its responsibilities for leasing of State-occupied facilities, the DPMC manages the Central Rent Account with an annual appropriation of approximately $141 million.
The Division of Property Management and Construction was created in July 1997 under the Reorganization Plan No. 003-1997 which abolished the General Services Administration. The new Division merged the former Division of Building and Construction and Division of Property Management. The purpose of the plan was to promote economy, increase the efficiency of operations, consolidate property management and construction functions, and eliminate overlap and duplication of effort.
In accordance with N.J.S.A. 52:18A-34, the legal duties and powers of these former divisions are vested in the Director, Division of Property Management and Construction (DPMC).
Operating Budget: $22.3 million
$14.2 million is the direct appropriation. The remaining $6 million includes reimbursements for projects directly performed and paid for by tenant agencies and capital construction service fees.