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Title 40 — Public Buildings, Property, and WorksRelease 119-73not60

§6504 Lease of Building

Title 40 › Subtitle SUBTITLE II— PUBLIC BUILDINGS AND WORKS › Part C— FEDERAL BUILDING COMPLEXES › Chapter 65— THURGOOD MARSHALL FEDERAL JUDICIARY BUILDING › § 6504

Last updated Apr 5, 2026|Official source

Summary

The Architect of the Capitol must lease the Thurgood Marshall Federal Judiciary Building through a deal with the company that builds it so the chapter’s goals are met. The lease can be no more than 30 years. Rent per usable square foot must be set in the government’s interest and must at least equal the amount needed to pay off the cost to develop squares 721 and 722 over the lease. The Architect may make and sublease space under section 6506 and add other terms needed. Lease payments can only be obligated each year and must come from the account named in section 6507.

Full Legal Text

Title 40, §6504

Public Buildings, Property, and Works — Source: USLM XML via OLRC

(a)Under an agreement with the person selected to construct the Thurgood Marshall Federal Judiciary Building, the Architect of the Capitol shall lease the Building to carry out the objectives of this chapter.
(b)The agreement includes at a minimum the following:
(1)The Architect will lease the Building and other improvements for not more than 30 years from the effective date of the agreement.
(2)The rental rate per square foot of occupiable space for all space in the Building and other improvements will be in the best interest of the Federal Government and will carry out the objectives of this chapter. The aggregate rental rate for all space in the Building and other improvements shall produce an amount at least equal to the amount necessary to amortize the cost of development of squares 721 and 722 in the District of Columbia over the life of the lease.
(3)The Architect may make space available and sublease space in the Building and other improvements in accordance with section 6506 of this title.
(4)The agreement contains terms and conditions the Architect prescribes to carry out the objectives of this chapter.
(c)Obligation of amounts for lease payments under this section may only be made—
(1)on an annual basis; and
(2)from the account described in section 6507 of this title.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 6504(a)40:1203(a).Pub. L. 100–480, §§ 3(b)(2)(D) (words after “provisions of this chapter”), 4(a), (b), (d), Oct. 7, 1988, 102 Stat. 2330, 2331. 6504(b)(1)– (3)40:1203(b). 6504(b)(4)40:1202(b)(2)(D) (words after “provisions of this Act”). 6504(c)40:1203(d). Subsection (a) is substituted for 40:1203(a) to eliminate obsolete words. In subsection (b)(2), the words “in the District of Columbia” are added for clarity.

Reference

Citations & Metadata

Citation

40 U.S.C. § 6504

Title 40 — Public Buildings, Property, and Works

Last Updated

Apr 5, 2026

Release point: 119-73not60