Throughout Congressional Testimony, PBS Commissioner Underscores Urgency to Put money into Federal Services and Modernize the Prospectus Authorization Course of

June 22, 2022

WASHINGTON — Immediately, U.S. Common Companies Administration’s (GSA) Commissioner of the Public Buildings Service (PBS) Nina Albert testified earlier than the Home Transportation and Infrastructure Subcommittee on Financial Growth, Public Buildings, and Emergency Administration. In her testimony, Commissioner Albert underscored the significance of correctly sustaining federal services for the protection of the general public and federal staff; the monetary dangers to the federal government if we don’t deal with mounting deferred upkeep; and, the financial savings to taxpayers if we proactively deal with these points.

“The chance is right here to work collectively to realize higher outcomes whereas saving taxpayers cash,” mentioned PBS Commissioner Nina Albert. “By offering full entry to the Federal Buildings Fund, GSA can consolidate companies into federally-owned services the place potential to keep away from lease prices, scale back facility vulnerabilities as a consequence of excessive climate occasions, and modernize our areas to satisfy the evolving wants of companies and guests alike.”

Commissioner Albert defined that, with out full entry to the Federal Buildings Fund (FBF), public buildings will proceed to endure from the implications of deferred upkeep. Liabilities are rising by $2.6 billion per 12 months and that is more likely to compound additional the longer GSA just isn’t capable of deal with vital repairs. Commissioner Albert additionally highlighted the chance to streamline the approval and implementation of GSA tasks by modernizing the prospectus authorization course of. Roughly $50 million a 12 months may be saved by shortening the prospectus timeline and growing the pace that GSA is ready to go to the market with building contracts and leases.

Commissioner Albert’s full testimony may be discovered right here.

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About GSA: GSA supplies centralized procurement and shared companies for the federal authorities, managing a nationwide actual property portfolio of almost 370 million rentable sq. ft, overseeing roughly $75 billion in annual contracts, and delivering expertise companies that serve thousands and thousands of individuals throughout dozens of federal companies. GSA’s mission is to ship the most effective buyer expertise and worth in actual property, acquisition, and expertise companies to the federal government and the American folks. For extra data, go to GSA.gov and observe us at @USGSA.