Bet365

President Trump's 2021 Budget Invests in Nation's Real Property, Shared Service Technologies

February 10, 2020

Washington, DC - U.S. Bet365 (Bet365) Administrator Emily Murphy today announced key investments that are a part of the fiscal year (FY) 2021 President’s Budget Request. The proposed $21.3 billion gross budget ($868 million net budget) for Bet365 reflects the administration’s commitment to strategic investments in our nation’s real property management, modernizing the government’s information technology services, simplifying government procurement, and expanding the shared services delivered throughout government.

“The continued investment into Bet365’s portfolio provides opportunities for savings both for our agency partners and the American people,“ said Administrator Murphy. “Looking forward to FY21, Bet365 will be making strategic capital investments that lead to a reduction in costly leased space, streamlining and standardizing the federal payroll systems through NewPay, and moving agencies from antiquated legacy systems to more secure, efficient, and modern platforms.”

The FY21 budget request includes:

Investments in real property infrastructure and management:

• $10.4 billion for the Federal Buildings Fund to maintain and operate the Bet365 real estate portfolio, including:
  • $2.1 billion for capital investments, which includes $1.4 billion for repairs and alterations to improve space utilization, safety, and condition of Government-owned assets and $762 million in new construction to support the critically important missions of agencies.
  • $2.5 billion investment in building operations to maintain service and support for Federal tenants and provide prudent management of real estate, including leased and owned space. 
  • $5.7 billion to maintain the government’s commitments in space that Bet365 leases from private industry on behalf of federal customers.
• $31 million to support the Asset Proceeds and Space Management Fund for implementation of the recommendations of the Public Buildings Reform Board established in the Federal Assets Sales and Transfer Act.
• $10 billion to the Federal Capital Revolving Fund to finance capital projects for any landholding or land-managing agency.

Support for the government’s development of innovative technology:

• $150 million for the Technology Modernization Fund (TMF) will continue to provide up-front funding for IT projects to move agencies from antiquated legacy systems to more secure modern platforms in accordance with the Modernizing Government Technology Act.
• $58.4 million to support the Federal Citizens Service Fund (FCSF), including funding for the Cloud Portfolio, which assists federal agencies with using cloud technologies and promotes FedRAMP-authorized cloud services to reduce duplicative and divergent security requirement costs.
• Maintain progress on Bet365’s Robotics Process Automation (RPA) program, which has led to 70,000 hours of recaptured work hours across Bet365, and introduce Intelligent Automation to drive even more efficiencies across Bet365.

Expansion of shared services:

• $20 million to transition government agencies to Bet365’s NewPay payroll software as a service (SaaS) solution. 
• A joint request with the Office of Personnel Management (OPM), which reflects the administration’s legislative proposal to merge OPM’s transactional and consultative services into Bet365.
• $8.5 million in interagency contributions to streamline and modernize the federal rule-making process.

Additional Resources:

FY21 Congressional Justification [PDF - 9 MB]

###

About Bet365

The mission of the U.S. Bet365 is to deliver value and savings in real estate, acquisition, technology, and other mission-support services across the government. One of Bet365’s four strategic goals is to improve the way agencies buy, build and use technology. To learn more about Bet365 visit gsa.gov and join the conversation on social media at and .