A House Transportation and Infrastructure subcommittee chairman has told the General Service Administration’s Public Buildings Service that the panel will not approve any new GSA leases until the agency provides more information about its leased and owned properties, including those on which GSA loses money. At a March 10 hearing, subcommittee Chairman Jeff Denham (R-Calif.) criticized GSA, which has many surplus properties. “Given the financial crisis facing our country, we must reduce the amount of money we spend to house federal employees,” he said. PBS Commissioner Robert Peck said he would provide the data Denham is seeking. GSA’s 2012 budget
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.