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Space Acquisition Cost: Comparison of GSA Estimates for Three Alternatives

GGD-97-148R Published: Aug 06, 1997. Publicly Released: Aug 06, 1997.
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Highlights

Pursuant to a congressional request, GAO provided information on the General Services Administration's (GSA) comparison of the estimated costs to acquire certain space using three alternatives--lease, direct federal construction, and lease-purchase--covering 10 large leases that were approved by Congress between 1992 and 1996. GAO did not validate the economic model used to do the analyses, but verified selected data that GSA used in its analyses.

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Budget scorekeepingComparative analysisConstruction costsCost effectiveness analysisFederal office buildingsFederal procurementReal estate leasesReal estate purchasesCost estimatesConstruction