Costs and Budgetary Impact of the General Services Administration's Purchase Contract Program

A report compared purchase contracting with funding by appropriations (direct federal construction) and leasing as a means for the General Services Administration (GSA) to finance the acquisition of space for federal departments and agencies. Specifically, the report compared financial benefits and costs, budgetary impact, and secondary impact on local tax structure, and examined options to and possible pitfalls of the General Services 1972 purchase-contract program.