President Obama has directed agencies to dispose of unneeded office space and to take other steps to economize in the federal government's sprawling real-estate portfolio. Related Links: White House Executive Order Memo The goal is to save at least $3 billion by Sept. 30, 2012, said Obama. In an executive order issued on June 10, Obama said, "For decades, the federal government, the largest property owner and energy user in the United States, has managed more real estate than necessary to effectively support its programs and missions. Both taxpayer dollars and energy resources are being wasted to maintain these excess
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.