Congressional Testimony
Capital Investment Program For FY 2002COMMISSIONER PUBLIC BUILDINGS SERVICE JUNE 13, 2001 Good morning, Mr. Chairman and members of the Subcommittee. My name is Joseph Moravec and I am the Commissioner of the Public Buildings Service, U.S. General Services Administration. I am pleased to appear before you today to provide information on the President's Fiscal Year 2002 Budget request for the Federal Buildings program. Our Capital Investment and Leasing Program plays a key role in providing the necessary resources to maintain current real property assets and acquire new or replacement assets. The capital program supports several portfolio objectives:
All proposed projects are evaluated in the context of the entire national portfolio. We consider three options when evaluating our client agency requirements. These include the construction and acquisition of new facilities, repair and alteration of existing facilities, or leasing space from the private sector. REPAIR AND ALTERATION Our first capital program priority is the repair and alteration of our existing inventory to ensure that its value and condition does not decline. More than 43% of our owned buildings are over 50 years old and 51% are between the ages of 21 to 50 years old. We are requesting a Repairs and Alterations program of $826.7 million for an increased emphasis on the overall maintenance and viability of our assets.
The facilities under PBS's stewardship have a functional replacement value of $33 billion, and the repair and upgrade of these facilities is our top priority. To allocate the limited resources of the Federal Buildings Fund for Repairs and Alterations projects, we evaluate and rank our proposals based on the following criteria: 1) Economic Justification, 2) Project Timing and Execution, 3) Physical Urgency, 4) Client/Agency Needs and 5) Historical Significance. PBS applies these criteria while:
When evaluating repair and alteration projects, we also closely examine proposed project scopes to ensure that they meet client agency requirements and facility needs. We work to determine if any possible changes in project scope can be made to realize cost savings, without jeopardizing the project's goals. Refining project scopes may free up additional funding for more projects. NEW CONSTRUCTION We are requesting a Construction and Acquisition of Facilities program of $663 million. The highlights of GSA's Fiscal Year 2002 Program include:
We recommend new construction where it will meet the new housing needs of a specific Federal agency or to consolidate several dispersed agencies with economically feasible long-term needs in a given locality. PBS traditionally pursues a construction and ownership solution for special purpose and unique facilities (such as border stations and courthouses) which are not readily available in the real estate market. Our construction request includes funding for site acquisition, design construction and management and inspection cost of Federal facilities. That concludes my prepared statement, Mr. Chairman, and I will be pleased to answer any questions you or the other members of the Subcommittee may have on this matter. Index of Congressional Testimony
Last Reviewed 9/30/2008
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