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 101-45 - Sale, Abandonment, or Destruction of Personal Property |
Subpart 101-45.1 - General |
§ 101-45.103-4 - Sales conducted at holding agency facilities.
Latest version.
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If GSA sells property from holding agency facilities, holding agencies shall be responsible for the following:
(a) Providing the appropriate GSA regional office with information necessary for effective sale of property and the accounting data for appropriate application of gross proceeds;
(b) Transporting property to a consolidated sales site when agreed to by the holding agency and GSA;
(c) Providing for the inspection of property by prospective bidders;
(d) Providing facilities for the conduct of sales and the essential administrative, clerical, or labor assistance when requested by GSA; and
(e) Assisting in the physical lotting of property to be sold at agency facilities.