GSA To Spend $9.3B To Improve, Consolidate Its Real Estate

Law360, New York (January 21, 2014, 7:35 PM EST) -- The U.S. General Services Administration announced Tuesday that it plans to spend $9.3 billion on upgrades to the nation's public buildings and infrastructure during fiscal year 2014.

The investments are part of the Fiscal Year 2014 Consolidated Appropriations Act, which will provide funding to pay rent on some government buildings and consolidate some offices. The funds will also be used to upgrade land ports of entry to secure borders and facilitate trade, according to the GSA.

“By investing in our public buildings, a smaller federal footprint...
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