In today’s Federal Newscast, the agency’s fiscal 2021 budget justification to Congress shows that agencies went from about 194 million square feet of leased space in 2014, to just under 183 million square feet projected in 2021.
In today’s Federal Newscast, the Government Accountability Office says feedback from federal agencies shows the General Services Administration’s lease requirements cause building owners to charge the government more than private companies would pay for the same office space
In today’s Federal Newscast, the Government Accountability Office found the agencies excluded more than $271 million in building costs per year, between fiscal 2015 through 2018.
About a quarter of all federal leases held by the General Services Administration will expire within the next two years, giving the agency a big opportunity to renegotiate for long-term leases on buildings where agencies plan on staying put — and at a lower rate.
In today’s Federal Newscast, the Postal Service’s inspector general said USPS has more than a million square feet in excess real estate.
Federal real estate is not immune from the White House’s new comprehensive governmentwide reorganization plan. The proposals aim to speed up sales process for offloading surplus property and create a permanent building project fund.
Lawmakers are looking to get their arms around ways to sell or redevelop underused real estate owned by the federal government. But in order to do that, they’ll need to drill down on the General Services Administration’s ongoing catalog of more than 300,000 government-owned assets.
Looking back on a year of severe hurricanes and wildfires, GSA wants to know how it can best prepare its federal buildings against natural disasters.
Members of Congress don’t seem so bad when you meet them individually. So why is the totality of the institution such a disaster?
The Defense and Veterans Affairs departments are saddled with real estate they can’t get rid of. Agencies are adept at adding, but slow to eliminate the obsolete.