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Friday, October 21, 2011

After Agency Real-Property Success, OMB Ups Goal

The White House is increasing the pressure on agencies to get rid of excess or unused real property, after efforts so far have exceeded expectations. OMB controller Danny Werfel told Federal News Radio agencies now will be expected to save or avoid spending $3.5 billion by the end of fiscal 2012, up from the $3 billion goal President Barack Obama set in a June 2010 executive order. OMB has also added 1,500 properties to the sell list.

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