Fortifikationsverket | |
Agency overview | |
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Formed | 1994[1] |
Preceding agency |
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Jurisdiction | Government of Sweden |
Headquarters | Kungsgatan 43, 631 89 Eskilstuna[2] |
Employees | 640 [3] |
Annual budget | Self-sufficient through fees.[4] Revenue 3.0 billion SEK(2008)[5] |
Minister responsible | |
Agency executive |
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Parent agency | Ministry of Finance[7] |
Website | www |
The Swedish Fortifications Agency (Swedish: Fortifikationsverket, FortV) is a Swedish government agency under the Ministry of Finance, tasked with managing government-owned defence-related buildings and land. The agency functions as the landlord for the Swedish Armed Forces (Försvarsmakten), managing various types of military installations.[7][8] The SFA is one of the largest holders of real estate in Sweden.[7]
The formation of the SFA in 1994 was part of the Swedish government effort to increase the cost-efficiency of government real estate usage through a system of internal rent, which was meant to emulate market-like conditions.[9] The main purpose with the reform was to create economic incentives for the authorities in the public sector to economise on premises.[10] In the defence sector, the real estate holdings were transferred from the Swedish Armed Forces — the user of the real estate — to the SFA; with the Swedish Armed Forces remaining in the estate as a tenant.[9]
Currently, the SFA acts as landlord for several Swedish government agencies in the defence sector.[11] The main tenant is the Swedish Armed Forces, which in 2007 was the source of over 90% of the SFA:s revenue.[11]
The SFA does not receive an allowance from the government budget.[4] Instead, it covers its expenses by charging rent for the real estate it leases.[4] In 2008, the agency's revenue was 3.0 billion SEK, and its net income 67 million SEK.[5] The rent is adjusted so that the net income — which goes into the state treasury — conforms to a predefined level of return on equity, as set by the Ministry of Finance.[12] To finance investments, the SFA borrows money from the National Debt Office (Riksgälden), which acts as the internal bank of the government.[13]
The SFA employed 689 people in 2008.[3] The majority of the employees work on a local level in real estate units linked to garrisons,[14] where employees work in areas such as project management, property development and maintenance services.[15] At the regional and national level, employees work in real estate purchasing and sales, defence facility development, and various management functions.[15] The SFA considers its core competencies to be security and protective technology.[16] The agency has stated that it aims to increase the amount of outsourcing, and as an experiment in 2006, it outsourced the property maintenance of two garrisons.[17]
In 2008, the book value of the government real estate stock managed by the SFA was 10.1 billion SEK,[19] largely consisting of depots, garrisons, training facilities, offices, and proving grounds.[20] In 2007, the total real estate stock included:[21]