GSA Administrator Statement Following Signing of the Inflation Reduction Act
August 16, 2022
WASHINGTON -- Administrator Robin Carnahan of the U.S. General Services Administration issued a statement following President Joe Biden signing the Inflation Reduction Act (IRA) into law:
“The Inflation Reduction Act will lower costs, create good-paying American jobs, and invest in sustainable technologies,” said GSA Administrator Robin Carnahan. “GSA looks forward to working with our partners in government and industry to seize this once-in-a-generation opportunity to move the federal government forward to a cleaner, greener future that will provide better value for taxpayers and a healthier planet for the next generation.”
The law provides $3.375 billion that will allow GSA to:
- Invest in federal buildings with low-carbon materials and sustainable technologies, making them more efficient, saving taxpayer dollars and creating opportunities for small businesses;
- Leverage emerging clean technologies to achieve greater carbon reductions and catalyze American innovation;
- Help boost the competitiveness of American manufacturers developing sustainable materials.
This includes $2.15 billion for low-embodied carbon materials in construction projects; $975 million to support emerging and sustainable technologies, and $250 million for measures to convert more buildings into High Performance Green Buildings.
About GSA: GSA provides centralized procurement and shared services for the federal government, managing a nationwide real estate portfolio of nearly 370 million rentable square feet, overseeing approximately $75 billion in annual contracts, and delivering technology services that serve millions of people across dozens of federal agencies. GSA’s mission is to deliver the best customer experience and value in real estate, acquisition, and technology services to the government and the American people. For more information, visit GSA.gov and follow us at @USGSA.