Barletta Continues to Lead Efforts to Save Taxpayer Dollars by Reducing Federal Real Estate
WASHINGTON – Today, Congressman Lou Barletta (PA-11) hosted a roundtable policy discussion on the Federal Real Property Profile (FRPP) database and the ways it can be used to save taxpayer dollars by streamlining the disposal of excess federal real estate. Barletta serves as Chairman of the Transportation and Infrastructure Committee’s Subcommittee on Economic Development, Public Buildings, and Emergency Management. To date, the subcommittee has saved taxpayers $3.6 billion through better stewardship of public buildings.
“I’m proud to say that we have already saved taxpayers $3.6 billion by changing how the federal government manages its real estate portfolio, but there is more work to be done,” Barletta said. “It’s common sense to me that the federal government should know what its assets are and how best to manage them, just as any small business would. We must continue to hold federal agencies accountable for reporting accurate information and identify properties that can be sold, redeveloped, consolidated, or reused, so that taxpayers don’t foot the bill for underutilized and wasted space. This database will help us realize these goals.”
The database, which was made public by the 2016 Federal Assets Sale and Transfer Act (FASTA), includes information for over 300,000 federal real estate assets, including 40,000 office spaces, warehouses, and storage facilities, 17,000 parking structures, and 17,000 leased facilities. The database provides a unique opportunity to improve management of federal real estate by identifying properties for sale and redevelopment, consolidate and reduce lease costs, and improve facility use and effectiveness. Roundtable participants, including the General Services Administration (GSA), the Government Accountability Office (GAO), and private sector experts, came together to assess the database and find ways to ensure it ultimately helps save money for the taxpayer.
FASTA, which moved through Barletta’s subcommittee on its way to becoming law in 2016, created a six-year pilot program to sell up to $8 billion worth of underutilized and vacant federal properties to create the best value for taxpayers. The law also established a Public Buildings Reform Board of members to identify opportunities to reduce the real property inventory and make recommendations for the sale of underutilized and vacant federal properties. Additionally, it required GSA to create and publish a single, comprehensive database of all federal real properties, the FRPP database, and include whether those properties are excess, surplus, underutilized, or unutilized to prevent a future stockpiling of unused and underutilized property.