General Services Administration: Opportunities for Cost Savings in the
Public Buildings Area (Testimony, 07/13/95, GAO/T-GGD-95-149).

As the federal government's principal real estate agent, the General
Services Administration (GSA) controls 276 million square feet of
general purpose office, storage, and court space that is owned or leased
to support agencies' missions.  GSA expects to spent almost $7 billion
in fiscal year 1995 to provide facilities and related services to
federal agencies.  This testimony focuses on potential cost savings in
the public buildings areas.  GAO discusses (1) several factors that
impede GSA's ability to acquire and manage federal office space in the
most cost-effective manner, (2) GAO's recent report (GAO/GGD-95-48, Feb.
1995) on how a more businesslike approach to GSA' leading processing
could reduce costs and improve performance, and (3) GSA' overall efforts
to realize cost savings and improve support services to federal agencies
by reforming its operations and organization.

--------------------------- Indexing Terms -----------------------------

 REPORTNUM:  T-GGD-95-149
     TITLE:  General Services Administration: Opportunities for Cost 
             Savings in the Public Buildings Area
      DATE:  07/13/95
   SUBJECT:  Federal office buildings
             Real estate leases
             Real estate purchases
             Cost control
             Cost effectiveness analysis
             Leasing policies
             Federal procurement policies
             Budget scorekeeping
             Budget authority
IDENTIFIER:  Federal Buildings Fund
             
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