GSA's Property Database Contract Isn't Really Worth $8 Billion

NextGov: The General Services Administration still wants an internet-based system to track real estate trends but says it doesn't really want to spend billions of dollars on the contract.

The agency modified the solicitation for a nationwide “internet-based computer accessible real property informational services” system, bringing the total ceiling down from $8.2 billion to $4.9 million.

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