Proposal would match federal agencies with real estate brokerages

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Under a proposal from the U.S. General Services Administration, one or several real estate firms may be chosen to identify, research and market federal properties, the Washington Business Journal reported today. The GSA is an independent federal agency in charge of managing and supporting other federal agencies.

Through a blanket purchase agreement, individual agencies would be able to reach out to selected contractors for a variety of services, including property management, space evaluation and sale offering, the WBJ said.

“Currently, agencies can use a variety of contracts for private sector services independently. The BPA will offer more options, better prices and a streamlined approach to the contracting process for services related to real property disposal,” GSA spokesman Dan Cruz told the WBJ.

The proposal stems from a 2010 memo from President Obama urging federal agencies to use less space and shed excess properties.

Source: Washington Business Journal