U.S. Rep. Lou Barletta (R-PA), chairman of the House Economic Development, Public Buildings and Emergency Management Subcommittee, recently began hosting a roundtable with the panel's members to think of ways to save taxpayer money by reducing the cost of federal office leases in the Washington, D.C., area.
The General Services Administration (GSA), the federal government's landlord, leases 56 million rentable square feet in the National Capital Region alone. Over the next five years, 32 million square feet of that leased space will expire, including the Department of Justice, the Department of Homeland Security and the Department of Health and Human Services, which occupy 44 percent of the total footage of expiring leases.
The subcommittee will work to help reduce the costs of existing leases and find ways to reduce the costs of leases that will be renewed. During the previous Congress, the committee authorized leases that will result in over $2 billion in savings to the taxpayers over the terms of the leases.
More Stories
- ARIZONA DEPARTMENT OF TRANSPORTATION: Governor Ducey issues Executive Order further extending expiration of driver licenses
- AMERICAN AIRLINES: Cleaning with a Purpose, American Airlines Earns GBAC STAR Accreditation from the Global Biorisk Advisory Council
- AIRLINES FOR AMERICA: Statement from A4A President and CEO Nicholas E. Calio
- ARIZONA DEPARTMENT OF TRANSPORTATION: ADOT distracted driving campaign raises awareness
- ARIZONA DEPARTMENT OF TRANSPORTATION: Drivers get break from state highway closures through early January
- AMERICAN AIRLINES: American’s AAdvantage Program Reveals Elite Choice Rewards for Platinum Pro and Executive Platinum Members
- ARIZONA DEPARTMENT OF TRANSPORTATION: Donor Network of Arizona honors two MVD employees with awards
- AMERICAN AIRLINES: American Airlines Names Meghan Montana Vice President and Treasurer
- ALBERTA TRANSPORTATION: Building roads to economic recovery
- AIRLINES FOR AMERICA: Airlines for America Applauds the Department of Transportation’s Final Rules on Traveling by Air with Service Animals