Projects require approval by the Senate and the House of Representatives if the dollar
value of a project exceeds the prospectus threshold. To obtain this approval, the Administrator of General Services will transmit the
proposed prospectuses to Congress for consideration by the Senate and the House of
Representatives. Furthermore, as indicated in § 102–72.30(b), the general purpose lease delegation authority is restricted to below the prospectus
threshold, and therefore, GSA must conduct all lease acquisitions over the threshold.
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