The department may (1) acquire property; (2) exercise the power of eminent domain; (3) take immediate possession of real property, or any interest in it under a declaration of taking or by other lawful means; (4) acquire rights-of-way for present or future use; (5) dispose of excess property or property rights; (6) accept and dispose of federal funds or property available for public works construction, maintenance, or equipment; (7) enter into contracts or agreements relating to public works with the federal government and political subdivisions, and also enter into contracts with a foreign government if approved by the federal government; (8) exercise any other power necessary to carry out the purpose of this title; (9) lease or grant land or any interest in land to the Alaska Housing Finance Corporation for a purpose set out in AS 18.55.100 - 18.55.960 on terms and conditions prescribed by the department; (10) procure directly materials, labor, and contractual services for planning, designing, leasing, and constructing public facilities of the state; (11) by lease under AS 36.30 (State Procurement Code), procure and manage public facilities for state use.
Alaska Legal Code