GSA will be receiving $5.5 billion under the American Reinvestment and Recovery Act. The federal agency has 45 days, under the bill, to submit a comprehensive project list. The bill passed in mid-February. In broad terms, the Act directs $750 million of the $5.5 billion to renovate and construct federal buildings and courthouses; $300 million to renovate and construct land ports of entry; and $4.5 billion to convert federal buildings to high-performance green buildings.
Guerin is currently assistant commissioner for Construction for GSA's Public Buildings Service, where he is responsible for GSA's more than $1-billion per year capital investment program. This program focuses on the design and construction of federal buildings, land ports of entry, courthouses and other construction projects for the nation's landlord. Guerin was not available to comment for GlobeSt.com.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
