Despite Energy Efficiency Gains, Federal Operating Costs Have RisenPart 1 of a 4-part Green Building Report.
By Charles Dilley May 2016
For the past several years, government agencies have reduced the size of the federal real property footprint, implemented sustainability programs, and increased utilization of their space to be more efficient. Campaigns champion property disposal, energy reduction, fewer leases, and tenant transfers into owned space. Driven by the public sector’s commitment to sustainability, these efforts hold out the hope of reducing costs across the portfolio. Yet operating costs have outpaced the industry. Why? It’s a complicated question given the size of the portfolio, but it is one that must be analyzed if facility management professionals are going to offer strategic solutions.
Read the rest here.