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IBM Corp. will develop and install advanced smart building technology in General Services Administration-owned properties under a contract that eventually could total $11.5 million.

Part of GSA’s larger smart building strategy, the initiative will first single out 50 of the federal government’s highest energy-consuming buildings and connect building management systems to a central cloud-based platform, improving efficiency and saving as much as $15 million in taxpayer dollars annually, according to the GSA and IBM announcements.

The initial award of $8 million will go for program development and installation in the 50 buildings. The additional $3.5 million would add another 50 buildings to the system.

Eventually, all buildings in the GSA portfolio will connect to the cloud platform.

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