GSA Reduces Leasing Fees
August 21, 2006
Contact: Maryanne Beatty, (202) 501-1231
Washington DC – The U.S. General Services Administration (GSA) Public Buildings Service (PBS) announced that it will reduce the leasing fees it charges to federal customer agencies housed in GSA-managed leased facilities. Starting in FY 2008, PBS will reduce its fee from 8 to 7 percent for the majority of leased space in which agencies are housed. The fee for unique space will be reduced from 6 to 5 percent.
Over the past few years, PBS has been working to restructure and introduce new efficiencies to its leasing program. PBS officials are pleased to be able to financially demonstrate the translation of these improvements by lowering the fees its charges to acquire and administer leased space to federal customer agencies.
“GSA’s Public Buildings Service has transformed the way we acquire and manage our leased space by changing the way we do business, stated David L. Winstead, Commissioner of the Public Buildings Service. With new leasing technology and tools and the restructuring of our workforce to meet customer needs, we have increased our efficiencies and are passing on these savings to the federal customer agencies that come to GSA for their workplace needs.”
GSA leases over 166 million rentable square feet of space in 7,300 buildings in 2,100 American communities offering a full range of services to the civilian federal agencies that use GSA for its workspace needs. This includes all major cabinet-level departments, independent agencies, commissions, the Federal Judiciary and members of Congress, and represents approximately half of the entire GSA portfolio. For more information on GSA’s leasing program, visit www.gsa.gov/leasing.
GSA is a centralized, federal procurement, property management, policy development and information provision agency, created by Congress to improve government efficiency and help federal agencies better serve the public. In this role, GSA acquires products and services on behalf of federal agencies; plays a key role in developing and implementing government-wide policies; provides services and solutions for the office operations of more than one million federal workers; and encourages a citizen-centric relationship with government by providing a single "point of entry" to the information and services citizens need in a timeframe they can appreciate. This allows citizens to receive accurate, timely and consistent answers and information, and helps federal agencies better respond to citizen inquiries.