1. Short title This Act may be cited as the Guaranteed COLA Act . 2. Certain building sales (a) Establishment of program The Administrator of General Services shall establish a program under which the Administrator shall sell all Federal buildings that are not utilized by the Federal Government. (b) Identification of buildings (1) Initial identification Not later than 1 year after the date of enactment of this Act, the Administrator shall make an initial identification of all buildings owned and not utilized by the Federal Government. (2) Regular identification After the date on which the Administrator makes the initial identification under paragraph (1), the Administrator shall identify on a continuing basis any building owned and not utilized by the Federal Government that was not included in such initial identification. (c) Sale required Not later than 5 years after a building is identified under subsection (b), the Administrator, notwithstanding any other provision of law and to the extent practicable, shall complete a sale of— (1) such building