Policy Impact Analysis - 117/S/2793

Bill Overview

Title: SMART Leasing Act

Description: This bill authorizes the General Services Administration (GSA) to establish a pilot program that allows federal agencies to lease underutilized properties with GSA approval and to use the rent payments to help fund capital projects and facilities maintenance. The GSA may not enter into a lease under the pilot program unless it certifies that the lease will not have a negative impact on its mission or that of the applicable federal agency. The bill provides for a maximum of six leases under the program during each fiscal year, with a term of up to 15 years.

Sponsors: Sen. Peters, Gary C. [D-MI]

Target Audience

Population: People interacting with federally-leased properties or employed in federal property management.

Estimated Size: 9500

Reasoning

Simulated Interviews

Federal Property Manager (Washington, D.C.)

Age: 35 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 15.0 years

Commonness: 14/20

Statement of Opinion:

  • The policy could help direct more resources towards maintaining properties efficiently.
  • It's crucial that the leasing does not interfere with government operations.
  • If successful, this could serve as a model for broader implementation.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 6
Year 5 8 6
Year 10 9 6
Year 20 8 5

Civil Engineer (Chicago, IL)

Age: 28 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 12/20

Statement of Opinion:

  • The initiative could bring more projects my way, especially those focused on upgrading facilities.
  • It's a good opportunity to push for greener practices in building management.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 8 7
Year 5 7 7
Year 10 8 7
Year 20 7 7

Federal Contractor (Denver, CO)

Age: 50 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 15.0 years

Commonness: 10/20

Statement of Opinion:

  • Any potential to secure more consistent work is welcome.
  • I'm optimistic supervision and monitoring will ensure fair practices.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 6 5
Year 5 7 4
Year 10 8 4
Year 20 7 3

Local Business Owner (Seattle, WA)

Age: 42 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 10.0 years

Commonness: 8/20

Statement of Opinion:

  • The added infrastructure and traffic could hurt my business if not managed well.
  • Although, improved facilities may increase foot traffic.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 8
Year 2 7 8
Year 3 7 8
Year 5 8 7
Year 10 8 7
Year 20 7 6

Urban Planner (New Orleans, LA)

Age: 31 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 15.0 years

Commonness: 16/20

Statement of Opinion:

  • Smart utilization of underutilized properties aligns with sustainable urban planning.
  • Renting out to responsible parties can support essential facilities better.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 7 6
Year 5 7 6
Year 10 8 6
Year 20 7 5

Community Advocate (Miami, FL)

Age: 58 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 15.0 years

Commonness: 7/20

Statement of Opinion:

  • Leasing could mean more community access to well-maintained spaces than government-held neglect.
  • Transparency in the leasing process will dictate its success or failure.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 8 7
Year 5 9 6
Year 10 9 6
Year 20 8 5

Environmental Scientist (San Francisco, CA)

Age: 45 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 5.0 years

Commonness: 9/20

Statement of Opinion:

  • Leases should ensure that upgrades are environmentally friendly and sustainable.
  • Amendments should incorporate ecosystem-friendly technology.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 5 4
Year 3 6 4
Year 5 6 4
Year 10 7 4
Year 20 5 3

Retired Federal Employee (Boston, MA)

Age: 60 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 15.0 years

Commonness: 6/20

Statement of Opinion:

  • The policy could preserve buildings that need more attention and maintenance.
  • Worry about property mismanagement affecting community services.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 7 6
Year 3 8 6
Year 5 9 5
Year 10 9 5
Year 20 9 4

Federal Agency Technician (Houston, TX)

Age: 38 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 11/20

Statement of Opinion:

  • Careful integration of leases might not disrupt daily agency functions.
  • Better maintenance means fewer technical downtimes.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 8 6
Year 10 8 5
Year 20 7 5

Freelance Writer (Phoenix, AZ)

Age: 33 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 15/20

Statement of Opinion:

  • Smart Leasing Act will generate storylines on improved government transparency.
  • Examining public leasing for a balanced perspective will be interesting.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Cost Estimates

Year 1: $15000000 (Low: $12000000, High: $18000000)

Year 2: $10000000 (Low: $8000000, High: $12000000)

Year 3: $10000000 (Low: $8000000, High: $12000000)

Year 5: $10000000 (Low: $8000000, High: $12000000)

Year 10: $10000000 (Low: $8000000, High: $12000000)

Year 100: $10000000 (Low: $8000000, High: $12000000)

Key Considerations