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(B) SW ECODISTRICT
PLAN.—The term 
‘‘SW Ecodistrict Plan’’ means the plan of the 
National Capital Planning Commission titled 
‘‘The SW Ecodistrict: A Vision Plan For A 
More Sustainable Future’’ and dated January 
2013. 
(b) REPLACEMENT OF HEADQUARTERS.—Not later 
than 2 years after the disposal of the necessary portions 
of the Forrestal Complex, the Administrator shall replace 
the Department of Energy headquarters located on the 
Forrestal Complex in a Government-owned building on 
Government-owned land. 
(c) CERTAIN
PROHIBITIONS.—The Administrator 
shall not lease a new Department of Energy headquarters 
or engage in a leaseback of the current headquarters. 
(d) SALE.—If the Administrator is unable to meet 
the conditions of subsection (a), the Administrator shall 
sell any underutilized or vacant property on the Forrestal 
Complex for cash. 
(e) NET PROCEEDS.—Any net proceeds received, ex-
ceeding the expenses of implementing subsection (b) or 
(d), shall be paid into an account in the Federal Buildings 
Fund established under section 592 of title 40, United 
States Code. Upon deposit, the net proceeds from the sale 
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may only be expended subject to a specific future appro-
priation. 
SEC. 10. LIMITATION ON DISCOUNTED PURCHASE OPTIONS. 
Section 585 of title 40, United States Code, is 
amended by adding at the end the following: 
‘‘(d) Any bargain-price option to purchase at less 
than fair market value contained in any lease agreement 
entered into on or after January 1, 2016, pursuant to this 
section may be exercised only to the extent specifically pro-
vided for in subsequent appropriation Acts or other Acts 
of Congress.’’. 
SEC. 11. ENERGY SAVINGS. 
To the extent practicable and when cost effective, the 
Administrator of General Services shall consider the direct 
purchase of energy and other utilities in bulk or otherwise 
for leased facilities. 
SEC. 12. SIMPLIFIED REFORMS. 
(a) IN GENERAL.—For the purpose of section 863 
of Public Law 110–417, an individual acquisition for com-
mercial leasing services shall not be construed as a pur-
chase of property or services if such individual acquisition 
is made on a no cost basis and pursuant to a multiple 
award contract awarded in accordance with requirements 
for full and open competition. 
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(b) AUDIT.—The Comptroller General of the United 
States shall— 
(1) conduct biennial audits of the General Serv-
ices Administration National Broker Contract to de-
termine— 
(A) whether brokers selected under the 
program provide lower lease rental rates than 
rates negotiated by General Services Adminis-
tration staff; and 
(B) the impact of the program on the 
length of time of lease procurements; 
(2) conduct a review of whether the application 
of section 863 of Public Law 110–417 to acquisi-
tions for commercial leasing services resulted in 
rental cost savings for the Government during the 
years in which such section was applicable prior to 
the date of enactment of this section; and 
(3) not later than September 30, 2018, and 
September 30, 2020, submit to the Committee on 
Transportation and Infrastructure of the House of 
Representatives and the Committee on Environment 
and Public Works of the Senate a report that— 
(A) summarizes the results of the audit 
and review required by paragraphs (1) and (2); 
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(B) includes an assessment of whether the 
National Broker Contract provides greater effi-
ciencies and savings than the use of General 
Services Administration staff; and 
(C) includes recommendations for improv-
ing General Services Administration lease pro-
curements. 
(c) TERMINATION.—This section shall terminate on 
December 31, 2021. 
SEC. 13. NATIONAL CAPITAL REGION RENTAL RATES. 
Not later than 120 days after the date of enactment 
of this Act, the Administrator of General Services shall 
submit a report to the Committee on Transportation and 
Infrastructure of the House of Representatives and the 
Committee on Environment and Public Works of the Sen-
ate justifying the use of three lease rental caps per fiscal 
year and their impacts in the National Capital Region. 
The Administrator shall also evaluate and make rec-
ommendations related to whether the current rental caps 
adequately provide for maximum competition for build-to- 
suit leased space. 
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SEC. 14. REDUCTION OF ADMINISTRATIVE REQUIREMENTS 
ON CERTAIN PROGRAMS. 
Section 601(d)(2) of the Public Works and Economic 
Development Act of 1965, as amended (42 U.S.C. 3211), 
is amended— 
(1) by striking ‘‘(2) RELEASE.—’’ and inserting 
the following: 
‘‘(2) RELEASE.— 
‘‘(A) IN GENERAL.—’’; and 
(2) by adding at the end the following: 
‘‘(B) REVOLVING LOAN FUND PROGRAM.— 
The Secretary may release, subject to terms 
and conditions the Secretary determines appro-
priate, the Federal Government’s interest in 
connection with a grant under section 209(d) 
not less than 7 years after final disbursement 
of the grant, if— 
‘‘(i) the recipient has carried out the 
terms of the award in a satisfactory man-
ner; 
‘‘(ii) any proceeds realized from the 
release of the Federal Government’s inter-
est will be used for one or more activities 
that continue to carry out the economic de-
velopment purposes of this Act; and 
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