GSA calls off building swap
- By FederalSoup Staff
- Feb 26, 2016
The General Services Administration has cancelled a proposed building swap designed to reduce costs for the agency in Washington, the Washington Business Journal reports.
The agency had studied the swap, which involved two federally-owned buildings in the L’Enfant Plaza area, as a means to leverage the costs of renovations to the agency’s main headquarters at 1800 F St. NW and at the former St. Elizabeth’s Hospital campus. In the end, the agency determined the proposal was not cost-effective. However, according to the report, the agency plans to continue looking for ways to save money through building swaps.
GSA owns and manages federal office space, and supplies communications and other services across the federal government, and has approximately 12,000 federal employees.