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LCD-77-317 1 (1977-02-07)

handle is hein.gao/gaobaacbs0001 and id is 1 raw text is: DOCURE NT RESUME 01158 - [A07511871 (Rleti / [GSA's Cost Analyses for Relocation of Federal Agencies to a Lr.ased Building at Buzzard Point. LCD-77-317; B-95136. February 7, 1977. 4 pp. * enclosure (2 pp.). Report to Rep, John D. Dingell, Chairman, House Committee on Interstate and Foreign Commerce: Energy and Power Subcommittee; by Robert F. Keller, Deputy Comptroller General. Issue Area: Facilities and material Ranagement: Building, Buying, or Leasing Federal Facilities and Equipment (706). Contact: Logistics and Communications Div. Budget Function: General Government: General Property and Records Management (804). organization Concerned: General 5Urvices Administration; Federal Energy Administration. Congressional Relevance: House Committee on Interstate and Foreign Commerce: Energy and Power Subcommittee. Authority: Executive Order 11512. The General Services Administration's economic analyses of alternatives or combinations of alternatives concerning the use of a leased building at Buzzard Point in VasLington, D.C., were reviewed. In considering potential tenants for the building, GSA compared the first year costs or savings to be incurred in moving various Federal offices to the building, including: leases to be cancelled on vacated buildings, lease costs avoided by ese of the Buzzard Point building, and space modifications in the building and in vacated buildings. Findings/Conclusions: The analysis prepared by GSA contained several minor errors which did not materiAlil affect either estimated net costs or savings. The alternative which resulted in the highest net savings ($504,000) involved certain offices of the Federal Energy administration (PEA), the PBI, and the Energy Rese&rch and Development Administration. ajor factors influencing the ranking of the nine alternatives included: an estimated £1.1 million annual savings based on ncnrenewal of a leas, on a building occupied by FSA, relative low backfill costs for t.re3 alternatives, and high costs of special alterations. In several instances, the space assigned to an agency in a building has changed since the analysis was prepared. (RS)

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