View Larger Map Barrow, Alaska proudly names itself “The Farthest North American City” so it’s no surprise that it would also be home to the northernmost federal lease. If you’ve ever visited Alaska you know that…
Author: Kurt Stout
How Prospectus Governs Build-to-Suit Rents
Over the years, we’ve observed that government-leased build-to-suit (or, in GSA parlance, “lease-construct”) projects often seem to price at or near the prospectus-approved rent cap. We decided to take a look at the trend using the FBI’s field…
Northern Virginia’s Troublesome Prospectus Rent Trend
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…
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…
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…