Pence, Meadows Bill Delivers Innovation and Savings in Federal Real Estate

September 27, 2019
Press Release


Pence, Meadows Bill Delivers Innovation and Savings in Federal Real Estate

Washington, D.C. – This week, U.S. Representatives Greg Pence (R-IN-06) and Mark Meadows (R-NC-11) introduced legislation to provide the General Services Administration (GSA) with flexibility to pilot the use of public-private partnerships. Currently, GSA has a backlog of construction and major renovation projects. Due to budgetary scoring rules, GSA may only use direct federal construction or operating leases with no right to ownership. H.R. 4485, the Public Private Partnerships for Prosperity (P4) Act of 2019, directs GSA to identify 5-10 eligible projects to acquire public buildings using public-private partnerships. With this additional tool, GSA has the potential to save billions of taxpayer dollars.

“We must bring our approach to federal real estate to the 21st Century,” said Congressman Pence. “If we are serious about transforming how we approach federal real estate, it is critical for us to do things differently and put more common-sense options on the table – like P3s. With tight budgets and competing priorities facing our nation, public buildings often are not the priority. We must, at the very least, test out authorities that have the potential to save hardworking Hoosiers and American taxpayers billions of dollars.”

“This is a common-sense reform that will save taxpayer dollars, reduce backlog of ongoing construction projects, and create more flexibility with public/private partnerships. I want to thank my colleague Rep. Pence for his leadership on this issue and look forward to working with my colleagues to see it through,” said Congressman Meadows.

Meadows serves as Ranking Member of the House Transportation and Infrastructure Subcommittee on Economic Development, Public Buildings, and Emergency Management.

###

Congressman Greg Pence represents Indiana’s 6th District. From Columbus, Indiana, Pence advocates for conservative Hoosier values as a member of the House Transportation and Infrastructure Committee and House Foreign Affairs Committee