(a) The Department shall exercise general control over the enforcement of the laws relating to the subjects referred to below in this section, and, with respect thereto, shall—
(1) provide for the government an economical and efficient system for the procurement and supply of all property and nonpersonal services including related functions, such as the control, inspection, storage, issue, specifications, identification, classification, transportation, traffic management, repair, conversion, and inventory of property, and the establishment of forms and procedures therefor;
(2) have authority for the management, control, disposition, and use of government real property, and related functions such as—
(A) establishing and maintaining land inventories;
(B) administering an effective homesteading program designed to assist in the creation of new land owners;
(C) facilitating the utilization of land for the best public benefit under efficient and economic production plans;
(D) the making of loans for the construction of housing (individual ownership) as FHA mortgagee;
(E) the administration of the territorial home loan program involving construction loans to individuals; and
(F) the administration, collection, enforcement and liquidation of all funds, loans, agreements, and obligations formerly covered under the Native Industries, home loan and homestead funds;
(3) enforce price and rent control laws and regulations;
(4) operate the Government Printing Office and set the fees for its use and operation;
(5) manage rental properties owned or controlled by the Government, except as limited by Federal law, hotels, and housing development programs or projects; and make inventory and establish forms and procedures for the sale, rental, or disposition thereof;
(6) administer and enforce all laws and authorized regulations relating to weights and measures;
(7) perform the functions as may be required by Federal law in order to participate in Federally-aided projects; and
(8) provide for the lease of necessary space for all departments, offices, commissions, agencies, and other instrumentalities of the executive, legislative and judicial branches of the Government of the United States Virgin Islands and make the payment of the rentals on all such leased office space out of moneys appropriated to the Department for the purpose of such payments.
(b) The Department shall prepare the Budget for the Department for submission to the Commissioner of Finance.