Search results
Results from the WOW.Com Content Network
The GSA establishes per diem rates within the Continental United States for hotels "based upon contractor-provided average daily rate (ADR) data of fire-safe properties in the local lodging industry"; [6] this means that per diem varies depending on the location of the hotel—for instance, New York City has a higher rate than Gadsden, Alabama. [7]
Lodging is reimbursed on a cost-basis with a location-dependent cap. [2] Domestic M&IE and Lodging rates are established by the General Services Administration while overseas rates are determined by the United States Department of State Office of Allowances. [3] Some locations have furnished apartments for long-term stay.
Average Daily Rate (commonly referred to as ADR) is a statistical unit that is often used in the lodging industry. The number represents the average rental income per paid occupied room in a given time period. ADR along with the property's occupancy are the foundations for the property's financial performance. [1]
Additionally, regulation of interaction between contracting agencies and the GSA is detailed here. Section 302(b) states the "declared policy" of the United States, that "a fair proportion of the total purchases and contracts for supplies and services [should be placed] with small business concerns". [3] 41 U.S. Code § 3104 now reads
The General Services Administration (GSA) is an independent agency of the United States government established in 1949 to help manage and support the basic functioning of federal agencies. GSA supplies products and communications for U.S. government offices, provides transportation and office space to federal employees, and develops government ...
The rates can range from around $15 to more than $20, depending on the line and stateroom category. While the charges are automatically added, guests can adjust them up or down before disembarking.
Small-cap resurgence. Small caps were one of the beneficiaries of the post-Trump election rally. The Russell 2000 small-cap index jumped more than 5% on Wednesday for its best day in nearly two years.
The United States Army awarded the PAL program to Lendlease with a 50-year lease deal, and IHG, with a 25-year management agreement with options to extend. [2] As part of the RFP agreement, these hotels provide lodging to service members of all branches of the U.S. Armed Forces, government and civilian contractors, military families, veterans ...