It’s tough to be a government landlord in Northern Virginia these days, especially if your building is tenanted by a large federal tenant where the lease size is above the prospectus threshold. The reason is…
Tag: Capitol Markets
House-Approved Defense Bill Prohibits BRAC
Yesterday, the House of Representatives voted 299-120 to pass the National Defense Authorization Act for Fiscal Year 2013 (H.R. 4310). The Act defies the President by adding $4 billion to the Administration’s requested budget and reversing…
Archiving the Federal Government
How and where do federal agencies keep their vast amounts of records? The Code of Federal Regulations authorizes the National Archives and Records Administration (NARA) to establish, maintain and operate records centers for federal agencies; it…
Spotlight: U.S. Coast Guard
Which federal agency is both a military force and a law enforcement agency? The U.S. Coast Guard (USCG), one of the nation’s five armed forces and the only military organization within the Department of Homeland Security…
OMB Freezes Inventory Growth
On Friday, Office of Management and Budget (OMB) Acting Director, Jeffrey Zients, issued a memorandum effectively freezing the federal inventory of leased space. The memorandum entitled “Promoting Efficient Spending to Support Agency Operations” addressed a wide…
Make Way for SAM
Anyone involved with government contract administration can attest to the staggering number of online systems used by the government to support vendor-related functions, such as business registration, small business subcontracting, past performance and contracting opportunities. Simply…
Attack on BRAC
Have we seen the last of BRAC? Although the Defense Department has used the Base Realignment and Closure (BRAC) process five times within the past 15 years, and although President Obama and Defense Secretary Leon Panetta have…
GovSpeak: “Sequestration”
Sequestration—originally a legal term referring to an agent of the court taking valuable property into custody to prevent it from being disposed of or abused before a dispute over its ownership can be resolved—has been adapted…
Reforming the USPS
In a 62–37 vote late last month (April 25), the Senate approved the 21st Century Postal Service Act (S. 1789), a bipartisan bill that promises financial relief for the U.S. Postal Service (USPS) but would bar it…
Spotlight: U.S. Postal Service
Which independent federal agency’s predecessor was created on July 26, 1775, by a decree of the Second Continental Congress? Here’s a hint: it’s also the third-largest civilian employer in the nation (behind only the federal government…