Monday, January 15, 2018
The CFPB Runs High Costs On New Offices | The Daily Caller
At DailyCaller.com, Richard Pollock reported on this:
"Original cost estimates for the CFPB’s renovation were estimated at $55 million, but the bureau ran up the proposed cost to $216 million. The Federal Reserve Inspector General rejected the proposal in 2014, saying there was no sound basis' for the figure.
As the CFPB renovation costs continued to escalate, renovation was taken out of the CFPB’s hands and transferred to the General Services Administration (GSA). GSA’s budget, however, was nearly twice the original $55 million, hitting $99 million."
