The Office of Asset and Resource Management (OARM) oversees the Department’s commercial services management programs and conducts the Department's overarching records management. The major components of commercial services management include: policy setting; planning; and annually developing and transmitting the Department's inventories of commercial and inherently governmental activities as required by the Federal Activities Inventory Reform (FAIR) Act (P.L. 105-270). Commercial services management activities also include planning, monitoring and evaluating programs designed to achieve an optimal mix of contractors and federal employees and collaborating with key personnel in DOL agencies to achieve DOL-wide objectives centered on promoting efficiency of operations and programs.

The Department of Labor's Records Management program oversees and provides assistance to agencies, and reports on their behalf, managerial activities involved in records creation, maintenance, use, and disposition to achieve adequate and proper documentation of the policies and transactions of the Department. These functions are provided in accordance with the statutes, rules and regulations of the National Archives and Records Administration (NARA), Records Management Regulations, 36 CFR Parts 1220, 1228, 1230, 1232, 1234 and 1236. OARM also manages of the Office of Assistant Secretary for Administration and Management’s Freedom of Information Act (FOIA) program.