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LCD-80-44 1 (1980-04-17)

handle is hein.gao/gaobabalv0001 and id is 1 raw text is: REPORT BY THE Comptroller General OF THE UNITED STATES GSA Lease Prospectuses Provide A Reasonable Basis For The Congress To Approve Proposed Space Acquisitions Lease prospectuses contain information on space acquisitions which is generally sufficient and accurate. GSA leases for space usually complied with prospectuses as approved by the Congress. However, in several instances, the gross rent differed from the approved prospectuses. Whether the rent approved in the prospec- tuses is a ceiling and whether congressional approval is required when the rent in the lease will differ from the approved amount is uncertain. The Congress should clarify whether the ap- proved amount can be exceeded and, if so, by how much. The Congress should also change the law to specify the circumstances when GSA should obtain Committees' approval when the lease conditions differ from the ap- proved prospectus. This report was requested by the Chairman and the Ranking Minority Member of the Senate Committee on Environment and Pub- lic Works. 112081 LC D -80-44 APRIL 17, 1980

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