A Congressional hearing on Wednesday, March 6 explored the potential for establishing a process, based on the military's Base Realignment and Closure (BRAC) Commission, for consolidating federal office space and improving real estate management to save taxpayers billions of dollars.
A civilian BRAC process, which would establish a fair process of evaluating federal space needs, has the potential to save the taxpayers billions of dollars by addressing the currently underutilized federal real property and over-reliance on costly leasing.
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