President's Budget Includes Major Investments in the Nation's Public Buildings


Save Story
Leer en español

Estimated read time: 3-4 minutes

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

[STK]

[IN] RLT CRL FIN CST

[SU] EXE ECO LBR

TO BUSINESS, AND NATIONAL EDITORS:

President's Budget Includes Major Investments in the Nation's Public

Buildings

WASHINGTON, March 4, 2014 /PRNewswire-USNewswire/ -- Today, the U.S.

General Services Administration announced major construction and

repair projects for public buildings outlined in President Obama's

Fiscal Year 2015 Budget request. The Administration's budget request

calls for important, common sense investments in the nation's public

buildings managed by U.S. General Services Administration (GSA). These

investments would enable GSA to properly maintain and improve the real

estate assets owned and paid for by the American people.

"The President's budget includes the investments we need to help

rebuild our nation's infrastructure, ensure that federal agencies can

support economic and job growth in communities across this country,

and provide vital and high quality services for the public," said GSA

Administrator Dan Tangherlini. "I know that with this budget, we will

contribute to delivering the efficient and effective government that

the American people expect."

Investing in the Nation's Public Buildings:

As a result of consecutive years of reduced funding, GSA's portfolio

of facilities have forgone more than $4 billion worth of capital

improvements including major repairs and maintenance as well as

critical additions to the inventory. While we have begun to make

significant progress in addressing years of deferred repairs, there is

still significant work to do in ensuring that our buildings can

support the work of government in the 21st century. The President's

Budget restores GSA's authority to fully use incoming rent funds to

meet the urgent needs of its real estate portfolio by investing more

than $1 billion in maintaining federal buildings that need major

renovations and basic repairs and renovations instead of diverting

those funds to other uses.

The Budget also identifies important construction projects across the

country, including more than $745 million in investments in nine

construction projects that range from land ports of entry to office

buildings and courthouses.

Investing in Border Infrastructure:

The Budget request includes $420 million in provisions for three

border crossing and inspection projects that will promote economic

growth, national security, and improve conditions for both vehicular

and pedestrian traffic. This provision includes work on the next phase

of the San Ysidro Port of Entry in Southern California, the busiest

border crossing in the world.

Making the Federal Real Estate Footprint Smaller and More Efficient:

The Budget request includes $100 million to further GSA's efforts to

consolidate agencies within existing Federally owned space across the

country to improve space utilization, optimize inventory, decrease

reliance on leased space, increase energy and water conservation, and

reduce the federal government's footprint. GSA's consolidation program

will save taxpayer dollars by reducing agency dependence on leased

space, and reducing the total amount of space occupied by the

government.

Improving Safety and Energy Efficiency in Public Buildings

The Budget request includes $100 million for projects that will

improve safety systems, meet security requirements, cut energy costs,

and reduce water consumption in buildings across the country.

These are all critical investments in infrastructure that will create

significant savings by preventing costly emergency repairs in the

future and build upon our progress of maintaining America's public

buildings.

The mission of GSA is to deliver best value in real estate,

acquisition and technology services to government and the American

people. The agency delivers this commitment through six priority areas

that include: delivering better value and savings; serving our

partners; expanding opportunities for small businesses; creating a

more sustainable government; leading with innovation; and building a

stronger GSA.

SOURCE U.S. General Services Administration

-0- 03/04/2014

/CONTACT: Dan Cruz, dan.cruz@gsa.gov

/Web Site: http://www.gsa.gov

CO: U.S. General Services Administration

IN: RLT CRL FIN CST

SU: EXE ECO LBR

PRN

-- DC76581 --

0000 03/04/2014 19:00:00 EDT http://www.prnewswire.com

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast