The Missouri Office of Administration saved more than $3.2 million in leasing contracts between January 2009 and July 2010 by renegotiation of leases and consolidation. These efforts have reduced actual use of leased space by 128,000 square feet. The overall projected savings over the term of the leases is in excess of $4.9 million.
“At the governor’s direction, we will continue to coordinate with State agencies to eliminate waste as we continue to seek out new ways to save in other areas,” OA Commissioner Kelvin Simmons said.
Reducing direct leasing costs also resulted in lower indirect costs associated with the leases, such as janitorial contracts. On reduced janitorial contracts alone, savings for the taxpayers will reach approximately $800,000.
