Federal Building Fund: Improved Transparency and Long-Term Plan Needed to Clarify Capital Funding Priorities |
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| Author:
| U.S. Government Accountability Office, |
| ISBN: | 978-1-4921-0698-2 |
| Publication Date: | Aug 2013 |
| Publisher: | CreateSpace Independent Publishing Platform
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| Book Format: | Paperback |
| List Price: | USD $12.10 |
Book Description:
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The FBF, administered by GSA, is a quasi-revolving fund financed by rents received from other agencies and authorized and established by the Public Buildings Act Amendments of 1972. Instead of GSA receiving direct appropriations, the FBF operates as the primary means of financing the operating and capital costs associated with federal space, but GSA sometimes receives supplemental appropriations to meet repair or new construction needs.
The FBF, administered by GSA, is a quasi-revolving fund financed by rents received from other agencies and authorized and established by the Public Buildings Act Amendments of 1972. Instead of GSA receiving direct appropriations, the FBF operates as the primary means of financing the operating and capital costs associated with federal space, but GSA sometimes receives supplemental appropriations to meet repair or new construction needs.