In Reuse We Trust: How The Government Can Save Millions

+IN REUSE WE TRUST * HOW THE GOVERNMENT CAN SAVEMILLIONS * When it comes to implementing cost-effective funiture solutions in the government sector, there's room for improvement. Take a journey with The Refinishing Touch to lean more about government spending and the positive effects furniture refinishing, reupholstering and remanufacturing has on budgets and taxpayers. WHEREIS THE GOVERNMENT'S FURNITURE? FEDERAL GOVERNMENT SPEND The government manages furniture in all types of buildings: courthouses, post offices, city halls, office and administration centers, warehouses, all the way up to the White House. Sources vary on how many, but here are some figures to give us an idea of the amount of furniture the government $3.9T Total estimated overall federal spending for FY2015 4 $489M $100M manages. Amount the Veterans Affairs department spent to upgrade and purchase office furniture from 2010 to 2014 5 Acres of land owned by 650M) the US government Amount the IRS spent on new office furniture alone under the Obama administration 8 Estimated number of buildings 900K) that the US government owns or manages across the country 2 Number of empty or TIK Underutilized buildings owned by the US government FURNITURE ASSET MANAGEMENT CUTS COST Furniture asset management - the process of refinishing, reupholstering and remanufacturing existing furniture as opposed to replacing - offers facilities a cost-effective approach to renovations. $714M replacement Estimated annual cost of furniture 10 1/3 Years: The average replacement cycle for furniture in the government sector S214M Estimated annual cost of furniture refinishing Average cost savings by refinishing, compared to replacing furniture assets 7 $500M Estimated savings available to US taxpayers by refinishing, instead of replacing BEST PRACTICES: Furniture asset management best practices include: on-site refinishing; clear furniture maintenance guidelines; robust inventory tracking and tangibly harvesting and measuring cost savings. In our 37 years of working in the government sector, we see consistent cost savings of up to 80% when compared to the cost of replacement. The Refinishing Touch refinishing & upholstery CASE STUDY: NAVAL AIR STATION PENSACOLA The Refinishing Touch has completed refinishing projects in numerous government agencies, including the U.S. Department of State, the Department of Justice, Department of Labor and the White House. Here is a closer look at the cost savings for the project completed at the U.S. House of Representatives. ABOUT THE REFINISHING TOUCH The Refinishing Touch is a world leader in on- site environmentally safe and sustainable furniture asset management services, which include refinishing, re-upholstering and remanufacturing for more than 20,000 public and private organizations. GSA #:GS-29F-00025 Furniture Supply Schedule 71 Part II Section K Assets Maintenance 3,124 Chairs, sofas and cushions refinished and reupholstered $1.1M Total cost of replacing $268K Total cost of refinishing (Furniture and Furmiture Related) SIN 712-6 CALIFORNIA MULTIPLE AWARD SCHEDULES (CMAS): 74% Total cost savings of refinishing when compared to replacing 4-13-03-0324B ISO 9011:2008 Compliant by the International Organization for Standardization holding certificate 588518 Sources: 1: http://money.cann.com/2011/01/19/news/economy/excess_federal_land/ The Refinishing Touch 2: http://www.nytimes.com/2011/04/27/realestate/commercial/27gsa.html?pagewanted=all& refinishing & upholstery 3: http://www.npr.org/2014/03/12/287349831/governments-empty-buildings-are-costing- taxpayers-billions 4: http://www.usgovernmentspending.com/ 5: http://www.usaspending.gov 6: http://foxnewsinsider.com/2014/05/12/report-irs-spent-nearly-100m-office-furniture-under- Contact us: obama-adminning Touch whitepaper: 7: The http://therefinishingtouch.com/userfiles/Jan_2014 TRT_White_Paper.pdf www.therefinishingtouch.com [email protected] in