Home
Solutions
Products
Pricing
Resources
Request Demo
Start Free
Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo
StateStorm

Weekly Updates

LegiStorm is constantly adding new information on the people, places and reports in our database. In the past week, LegiStorm added:

  • 1563 new people
  • 132 new organizations
  • 575 new photos
  • 1986 job history records for people in our database
  • 516 education records for people in our database
  • 1689 contact addresses, emails and URLs (LinkedIn, Facebook, etc.)
  • 8 new people through the revolving door
  • 103 new policy reports
  • 16 new trips to our privately funded travel database
  • 330 new personal financial disclosures
  • 9310 new press releases
  • 12 new town halls
  • 19 new hearings

Caught Our Eye Rss

» More from Caught Our Eye
» More from our DevBlog

Federal Office Space: Increased Ownership Would Result in Significant Savings

  Premium   Download PDF Now (59 pages)
Report Type Reports and Testimonies
Report Date Dec. 22, 1989
Report No. GGD-90-11
Subject
Summary:

Pursuant to a congressional request, GAO reviewed the General Services Administration's (GSA) efforts to reduce office space leasing costs by increasing government-owned office space.

GAO found that: (1) 43 proposed construction projects could save $12 billion in leasing costs over a 30-year period; (2) mandated rent restrictions on government-owned property limit Federal Building Fund (FBF) revenues for capital investment and a budgetary bias towards leasing will continue to restrict the availability of construction capital; (3) Congress directed GSA to finance office construction by borrowing capital funds, but financing costs were higher than those incurred from financing through rent revenues; (4) GSA did not develop a long-term plan for achieving government-ownership goals; and (5) GSA budgeting did not separate capital components from operating expenses or identify the long-term benefits associated with capital investment.

« Return to search Government Accountability Office reports

HomeAbout Us Contact UsPrivacy PolicyTerms of UseJoin Us
© LegiStorm
LegiStorm
2101 L St. NW, Suite 300
Washington, DC 20037
(202) 360-4172 / congress@legistorm.com