U.S. General Services Administration
President Trump’s 2021 Budget Request includes Real Property Investments in Texas
Repairs and Alterations Proposed for the Austin Finance Center
AUSTIN, Texas - U.S. General Services Administration (GSA) Administrator Emily Murphy announced key investments that are a part of the fiscal year (FY) 2021 President’s Budget Request. The proposed $21.3 billion gross budget ($868 million net budget) for GSA reflects the administration’s commitment to strategic investments in our nation’s real property management, modernizing the government’s information technology services, simplifying government procurement, and expanding the shared services delivered throughout government.
“The continued investment into GSA’s portfolio provides opportunities for savings both for our agency partners and the American people,” said Administrator Murphy. “Looking forward to FY 2021, GSA will be making strategic capital investments that lead to a reduction in costly leased space, streamlining and standardizing the federal payroll systems through NewPay, and moving agencies from antiquated legacy systems to more secure, efficient, and modern platforms.”
Of the $10.4 billion GSA requested for the Federal Buildings Fund to maintain and operate its real estate portfolio, $1.4 billion is included for repairs and alterations to improve space utilization, safety, and condition of government owned assets. The following project is included in that category:
Austin Finance Center……………………………………………………………$36,442,000
GSA proposes a repair and alteration project to modernize the existing Austin Finance Center, located at 1619 Woodward Street in Austin, Texas. The project will replace building systems, replace the roof, improve energy efficiency, and convert vacant light industrial space to office space for the Department of Veterans Affairs (VA). Relocation of the VA to this building provides an annual lease cost avoidance of approximately $1,000,000.
The requested $36,442,000 includes design, construction, and management and inspection services.
The proposed FY 2021 budget request also includes investments in real property infrastructure and management; support for the government’s development of innovative technology; and expansion of shared services.
Additional Resources: FY21 Congressional Justification [PDF - 9 MB]
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About GSA: The mission of the U.S. General Services Administration is to deliver value and savings in real estate, acquisition, technology, and other mission-support services across the government. One of GSA’s four strategic goals is to improve the way agencies buy, build and use technology. To learn more about GSA visit GSA.gov and join the conversation on social media at @USGSAand @GSAEmily.