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GSA revised budget for FDA campus consolidation is $80 mil. less than original projection.

This article was originally published in The Rose Sheet

Executive Summary

GSA $80 MIL. COST SCALE-BACK FOR FDA CAMPUS CONSOLIDATION is greeted favorably by House Transportation and Infrastructure Public Buildings and Economic Development Subcommittee Chairman Wayne Gilchrest (R-MD) at a March 6 hearing. "The original cost of the project was considerably larger than the current scope of this project," Gilchrest observed. The revised $810 mil. cost estimate is $80 mil. less than the agency's original $890 mil. projection and significantly less than initial 1990 estimates of $1.4 bil.
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