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Possible Answers:
OBO.
Last seen on: NY Times Crossword 26 Jun 21, Saturday
Random information on the term “OBO”:
The Bureau of Overseas Buildings Operations (OBO) is a US Government agency that directs the worldwide overseas building program for the United States Department of State and the U.S. Government community serving abroad .
OBO helps set worldwide priorities for the design, construction, acquisition, maintenance, use, and sale of real properties and the use of sales proceeds.
As of January 20, 2021, the Bureau’s acting director is Henry V. Jardine.
The mission of the Bureau of Overseas Building Operations (OBO) is to assure that over 260 U.S. diplomatic missions around the world have secure and functional facilities to allow over 20,000 employees overseas to achieve the U.S. foreign policy objectives. In order to accomplish this, OBO serves as the U.S. Department of State Overseas Property Manager. The mission simply stated requires OBO to manage and lead all overseas facility actions, working with key DOS staff and tenants to find workable solutions, and in doing so, to make OBO one of DOS’s most accountable elements. The Foreign Service Act of 1926 granted the Secretary of State the authority to acquire by purchase, construction, or exchange sites and buildings in foreign capitals and other foreign cities; to maintain, repair, improve, and refurbish these properties; and to dispose of properties that become surplus, underutilized, or uneconomical. This authority is delegated to OBO, which acts as the Single Real Property Manager (SRPM) for non-military U.S. Government property overseas. The act also grants the Secretary of State the authority to provide residential and office space, and necessary related facilities, to other agencies overseas whose employees are under the authority of the Chief of Mission. Until 2001, OBO was known as the Foreign Buildings Office (FBO). OBO falls under the direction of the Undersecretary for Management (M).