Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 41 - Public Contracts and Property Management |
Subtitle C - Federal Property Management Regulations System |
Chapter 101 - Federal Property Management Regulations |
SubChapter H - Utilization and Disposal |
Part 101-44 - Donation of Surplus Personal Property |
Subpart 101-44.7 - Donations of Property to Public Bodies |
§ 101-44.701-1 - General.
Latest version.
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(a) Property shall not be donated to public bodies by an executive agency unless it is affirmatively found in writing by a duly authorized official of the agency either that:
(1) The property has no commercial value, or
(2) The estimated cost of its continued care and handling would exceed the estimated proceeds from its sale.
(b) Findings shall not be made by any official directly accountable for the property covered thereby.