HR6480-119

What This Bill Does

This bill creates an annual reporting requirement for the General Services Administration's Public Buildings Service real-estate portfolio. By January 31 each year, the GSA Administrator must report to the House Transportation and Infrastructure Committee and the Senate Environment and Public Works Committee on the previous calendar year's portfolio condition.

The report must cover signed and terminated leases, total leased spaces, leased square footage, occupied square footage, vacant leased space, owned buildings, top customer agencies by square feet and annual rent, completed new construction, major repair and alteration projects, financial indicators, space utilization, operating costs per square foot, cost avoidance from building disposals and lease terminations, deferred maintenance liabilities, federal buildings disposed of by GSA's Office of Real Property Disposition, and relocation plans for federal agencies in buildings GSA plans to dispose of or leased space GSA has not renewed. The relocation section must explain how relocations will be paid for and whether tenant agencies requested them.

Who Benefits and How

Congressional public-works committees benefit from recurring data on GSA leases, owned buildings, vacancies, project completion, disposals, and deferred maintenance. Federal tenant agencies benefit from visibility into relocation plans and whether moves are agency-requested or GSA-directed. Federal taxpayers benefit from clearer cost-avoidance, utilization, operating-cost, and deferred-maintenance information. GSA portfolio managers benefit from a standardized annual framework for presenting the Public Buildings Service portfolio. Watchdog organizations benefit from a public oversight trail if the reports are released or used in hearings.

Who Bears the Burden and How

The GSA Administrator must submit the report every January 31. Public Buildings Service portfolio managers must collect leasing, occupancy, customer, project, financial, disposal, maintenance, and relocation data. GSA tenant-agency coordination staff must document relocation plans and funding responsibilities. Office of Real Property Disposition staff must provide building-disposal data. Federal tenant agencies may need to supply information about relocation requests and costs.

Key Provisions

• Requires an annual January 31 report on the Public Buildings Service real-estate portfolio.
• Requires reporting on leases signed, leases terminated, leased spaces, occupied square footage, and vacant leased space.
• Requires reporting on owned buildings, top customer agencies, construction, major repairs, and alteration projects.
• Requires financial indicators for utilization, operating costs, cost avoidance, and deferred maintenance.
• Requires disclosure of GSA building disposals.
• Requires relocation plans for agencies in disposed federal buildings or nonrenewed leased space, including funding and tenant-agency request status.