Rep. Scott Perry on Reducing Federal Spending and Government Real Estate

Federal Real Estate Reform

• 🎯 Legislation aims to reduce federal real estate ownership and improve space utilization rates.
• 💡 Acts like the Use It Act and the Federal Asset Sale and Transfer Act (PASTA) are intended to work together to rightsize the federal footprint.
• 💰 Reforms passed last year are expected to yield an anticipated $5.4 billion in savings from the second round of recommendations.

Addressing Deferred Maintenance Costs

• ⚠️ The deferred maintenance liability for federal buildings has grown significantly, from billions in FY 2017 to $6 billion for GSA and $80 billion collectively for civilian agencies by FY 2022.
• 📉 The GSA is taking aggressive action to reduce costs, including facilitating the sale of the Weaver building.

Key Deadlines and Requirements

• 🗓️ By January 2026, federal agencies must report data on space occupancy, utilization rates, and costs associated with excess space.
• 📊 By next month, all federal office space must achieve an actual building utilization rate of at least 60%, with a one-year grace period for non-compliant buildings.
• 🏢 A plan to consolidate federal agency headquarters in the National Capital Area is due next January to meet the 60% occupancy rate.

GSA's Role and Accountability

• 🔑 The GSA is required to amend occupancy agreements to ensure tenant agencies provide necessary data.
• 📈 GSA's capital investment projects must prioritize buildings that meet or exceed the 60% utilization threshold.
• ✅ Meeting these deadlines and requirements is critical for saving taxpayer dollars and ensuring long-term accountability and transparency.