GSA announces $60 billion in federal contract savings in Trump’s first year

The General Services Administration announced Tuesday that it “Drove more than $60 billion in contract savings across the federal government” during the first year of President Donald Trump’s second term.The announcement comes after Trump signed an executive order last year that instructs all executive branch departments and agencies to terminate remote work arrangements, after a congressional probe found that vast numbers of federal employees were working remotely, wasting billions of taxpayer dollars spent on office space. 
GSA, which is responsible for managing government buildings and contracts, said it has disposed of 90 properties, reducing the federal real estate portfolio by 3 million square feet and avoiding $415 million in repairs and operating expenses.
“Under President Trump’s leadership, we’re delivering on our promise to create a leaner, smarter, and more accountable government,” GSA Administrator Ed Forst said in a statement. “GSA is right-sizing our federal real estate portfolio, streamlining operations, and using the buying power of the United States government to get the best deals in procurement for American taxpayers. The results speak for themselves.”
The office also completed a historic rewrite of the Federal Acquisition Regulation by trimming it by 484 pages and 230,000 words, and canceled more than $500 million in unnecessary or underperforming contracts.
Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.

Read Full Article: https://justthenews.com/government/gsa-announces-it-has-saved-taxpayers-60-billion-federal-contracts-so-far?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators