Section 6(d) requires the agency to continue making the annual repayments until it has fully repaid the revolving fund. If the disposal is by sale,…
7. What happens if the sum of all newly approved projects exceeds the balance in the revolving fund?
In such circumstances, section 4(g) of the proposed legislation requires the Administrator to reduce the purchase transfer amount for all new projects by a uniform…
Yes, section 6(c)(2) requires GSA to recalculate the annual repayment amount so that the sum of the repayments equals the actual cost of the project.
Section 7(c) requires any excess funding to be returned to the revolving fund.
Section 4(e) directs that no additional funds can be transferred to cover the higher cost unless first approved by an Appropriations Act, so the purchasing…
Yes, section 3(g) permits using the revolving fund to pay for facilities acquired by purchase, construction, manufacture, lease-purchase, installment purchase, outlease-leaseback, exchange, or modernization by…
In addition to the cost of the facility itself, section 3(g) allows the cost of site, design, management and inspection, construction, and commissioning to be…
Pursuant to section 3(g) of the proposed legislation, a project must be a federal facility, which is defined in section 3(e) as land, together with…