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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 41 - Public Contracts and Property Management |
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Subtitle F - Federal Travel Regulation System |
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Chapter 302 - Relocation Allowances |
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SubChapter E - Residence Transaction Allowances |
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Part 302-12 - Use of a Relocation Services Company |
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Subpart B - Agency's Use of a Relocation Services Company |
§ 302-12.105 - Must we have a contract with a RSC that includes a comprehensive homesale program?
Latest version.
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§ 302-12.105 Must we have a contract with a RSC that includes a comprehensive homesale program?
No, you are not required to have a contract that includes a comprehensive homesale program (which, for this purpose, is defined as a relocation program that includes a contract with a RSC that provides for buyer value option sales, amended sales, and appraised value purchases by the RSC). However, if you do not have such a program, you must examine and evaluate the objectives and relative costs of your relocation benefits and management processes at least once every two years to determine whether a comprehensive homesale program should be part of your relocation program.
[FTR Amdt. 2011-01, 76 FR 18343, Apr. 1, 2011]