REPAIRS AND ALTERATIONS

GSA is the steward of over 1,500 government-owned buildings, which have a replacement value of $45 billion. PBS is requesting a Repairs and Alterations program of $869 million to enable GSA to maintain and improve these properties so they continue to meet the mission needs of our tenant agencies. Each of these projects has a long-term federal need and is capable of becoming economically self-sufficient, i.e., the rent we collect on the asset exceeds our costs in operating and maintaining it.

The highlights of GSA's FY 2012 Repairs and Alterations Program include:

  $402 million for Basic Repairs and Alterations;

  $395 million for Full Scope and Major Repairs and Alterations;

  $15 million for the Fire Prevention Program;

  $40 million for Energy and Water Retrofit and Conservation Measures; and

  $7 million for Wellness and Fitness Program.

This program includes the following proposed major building modernizations:

  $50 million for the last phase of the Interior Building in Washington, DC;

  $55 million for the last phase of the Harry S. Truman Building in Washington, DC;

  $199 million for the last phase of the Prince J. Kuhio Kalanianaole Federal Building and US Courthouse in Honolulu, HI;

  $50 million for the Philip Burton FBI Consolidation in San Francisco, CA; and

  $24 million for the Prevedel Federal Building in Overland, MO.

All of these investments are critical, including the Basic Repairs and Alterations

program, which ensures the operational continuity of our inventory. The majority of the funding is focused on aggressively optimizing federal space and decreasing vacant space. The remaining funds enable us to respond expeditiously to repair and alteration needs and ensure our assets remain operable and functioning efficiently.