Each year, the House and Senate authorize each federal agency, department, or program to spend a specific amount of money, and the President signs the bill into law. But this money may not be spent until…
Tag: Capitol Markets
Spotlight: NNSA
The National Nuclear Security Administration (NNSA)—a semi-autonomous agency within the U. S. Department of Energy (DoE)—is responsible for the management and security of the nation’s nuclear weapons, nuclear nonproliferation and naval reactor programs—serious work, indeed. Its…
GovSpeak: “Continuing Resolution”
What happens when Congress fails to pass a formal federal appropriations bill, and/or the President fails to sign it into law by October 1st? (We ask “when” rather than “if” because this has happened every year…
Understanding the Federal Budget Process
Surprisingly, the U.S. Constitution makes no provisions for a federal budget and, in fact, the federal government operated without a comprehensive budget process until 1921. The Budget and Accounting Act of 1921, which has been amended…
Spotlight: NGA
What little-known agency occupies the third-largest federal facility in the Washington, D.C., area (after the Pentagon and the Ronald Reagan building)? Last year, the National Geospatial-Intelligence Agency (NGA), part of the Department of Defense, moved into…
DCBIA Meeting Review
This morning the District of Columbia Building Industry Association (DCBIA) hosted its seminar entitled “GSA Downsizing – A Perfect Storm Looming”, consisting of a panel of government officials and private sector professionals. We were there and…
The Bow Wave
Ever wonder why each time you see a graph of GSA lease expirations, it seems like the expirations volume in the upcoming year is the largest ever? Well, there’s a logical, and unfortunate, reason for it:…
GSA’s Largest Tenants
One of the more intriguing charts in GSA’s recent Congressional Justification is its “Summary of Billed Inventory” or, to put it another way, its largest tenants. It’s not a universally understood fact that GSA is the…
Spotlight: GSA
The U.S. General Services Administration (GSA) is the federal government’s “workplace solutions provider.” It aims to leverage its enormous buying power to reduce costs, increase efficiencies and enhance flexibility and convenience for both federal agencies and…
GSA Moving to Downtown Kansas City
The General Services Administration (GSA) announced on Wednesday (Feb. 15) that it will relocate about 1,000 employees from its Heartland Region headquarters at the Bannister Federal Complex—a 5.1 million-square-foot former defense plant in south Kansas City—to…