Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 41 - Public Contracts and Property Management |
Subtitle C - Federal Property Management Regulations System |
Chapter 102 - Federal Management Regulation |
SubChapter C - Real Property |
Part 102-73 - Real Estate Acquisition |
Subpart B - Acquisition by Lease |
Leases With Purchase Options |
§ 102-73.130 - When may Federal agencies consider acquiring leases with purchase options?
Latest version.
-
§ 102-73.130 When may Federal agencies consider acquiring leases with purchase options?
Agencies may consider leasing with a purchase option at or below fair market value, consistent with the lease-purchase scoring rules, when one or more of the following conditions exist:
(a) The purchase option offers economic and other advantages to the Government and is consistent with the Government's goals.
(b) The Government is the sole or major tenant of the building, and has a long-term need for the property.
(c) Leasing with a purchase option is otherwise in the best interest of the Government.