flexiblefullpage -
billboard - default
interstitial1 - interstitial
Currently Reading

Deal on 2015 budget slashes most federal construction spending

Deal on 2015 budget slashes most federal construction spending

Amid cuts, GSA is a bright spot


By Peter Fabris, Contributing Editors | December 18, 2014
U.S. General Services Administration Building-E Street facade. Photo: General Se
U.S. General Services Administration Building-E Street facade. Photo: General Services Administration via Wikimedia Commons

The $1.1 trillion funding bill for fiscal year 2015 approved by Congress makes deep cuts in some construction programs, but the General Services Administration suffered just a short haircut by comparison.

The GSA, which owns and manages most non-military federal buildings, is on the books for a $255 million cut in 2015, but compared to 2014, the $1.3 billion for construction is still more than the funding received in 2011, 2012 and 2013 combined. The GSA’s construction and acquisition account remains steady in 2015 at over $500 million. The reduction in 2015 funding will come largely from the major repairs and alterations account.

Total funding for federal construction accounts tracked by the Associated General Contractors of America is over $106 billion for 2015. This represents a nearly $5 billion cut from 2014 levels.

Military construction accounts are in line for steep cuts. Overall, military construction funds will be cut by $3 billion (40%) in 2015 compared to 2014 levels.

(http://news.agc.org/2014/12/13/funding-bill-passes-house/)

Related Stories

Legislation | Aug 5, 2022

D.C. City Council moves to require net-zero construction by 2026

The Washington, D.C. City Council unanimously passed legislation that would require all new buildings and substantial renovations in D.C. to be net-zero construction by 2026.

| Aug 4, 2022

Newer materials for green, resilient building complicate insurance underwriting

Insurers can’t look to years of testing on emerging technology to assess risk.

Codes and Standards | Aug 3, 2022

Some climate models underestimate risk of future floods

Commonly used climate models may be significantly underestimating the risk of floods this century, according to a new study by Yale researchers.

Codes and Standards | Aug 2, 2022

New tools help LEED projects reach health goals

The U.S. Green Building Council now offers tools to support the LEED Integrative Process for Health Promotion (IPHP) pilot credit.

Codes and Standards | Jul 29, 2022

Few projects and properties are being built beyond code

Clients and architects disagree on how well building to code provides resilience, according to a recent report by the American Institute of Architects (AIA) in partnership with Owens Corning.

Multifamily Housing | Jul 28, 2022

GM working to make EV charging accessible to multifamily residents

General Motors, envisioning a future where electric vehicles will be commonplace, is working to boost charging infrastructure for those who live in multifamily residences.

Codes and Standards | Jul 27, 2022

Biden administration proposes drastic flood insurance reform

The Biden administration’s proposed major overhaul to the National Flood Insurance Program, or NFIP, would drastically alter how Americans protect homes and businesses against flooding.

Codes and Standards | Jul 22, 2022

Office developers aim for zero carbon without offsets

As companies reassess their office needs in the wake of the pandemic, a new arms race to deliver net zero carbon space without the need for offsets is taking place in London, according to a recent Bloomberg report.

Codes and Standards | Jul 22, 2022

Hurricane-resistant construction may be greatly undervalued

  New research led by an MIT graduate student at the school’s Concrete Sustainability Hub suggests that the value of buildings constructed to resist wind damage in hurricanes may be significantly underestimated.

Building Team | Jul 20, 2022

San Francisco overtakes Tokyo as the world’s most expensive city for construction

San Francisco has overtaken Tokyo as the world’s most expensive city for construction, according to a new report from Turner & Townsend.

boombox1 - default
boombox2 -
native1 -

More In Category




halfpage1 -

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021

 


Magazine Subscription
Subscribe

Get our Newsletters

Each day, our editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Subscribe

Follow BD+C: