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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 C - Federal Property Management Regulations System |
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Chapter 101 - Federal Property Management Regulations |
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SubChapter H - Utilization and Disposal |
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Part 101-45 - Sale, Abandonment, or Destruction of Personal Property |
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Subpart 101-45.3 - Sale of Personal Property |
§ 101-45.309-1 - Agricultural commodities.
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(a)
Disposal by holding agencies. Surplus agricultural commodities, surplus foods processed from agricultural commodities, and surplus cotton or woolen goods may be disposed of in accordance with this part 101-45, without reference to the Department of Agriculture, in the following instances:(1) Where the quantity of such commodity or product in any one location has an acquisition cost not in excess of $5,000.
(2) Where such commodity or product must be disposed of immediately to prevent spoilage.
(3) Where the quantity to be sold during any month has an acquisition cost not in excess of:
(i) Raw cotton, wheat and other grains, flour, leaf tobacco, and cotton or woolen goods—$300,000.
(ii) Meat, poultry and poultry products, peanuts, and other fats and oils—$50,000.
(iii) All other agricultural commodities and foods processed from agricultural commodities—$25,000.
(b)
Required references to the Department of Agriculture. With respect to quantities of surplus agricultural commodities, surplus foods processed from agricultural commodities, and surplus cotton or woolen goods, in excess of the amounts specified in this § 101-45.309-1, holding agencies shall obtain from the Agriculture Stabilization and Conservation Service, Department of Agriculture:(1) A determination, with appropriate instructions, that the commodities or products should be transferred to the Department of Agriculture for disposition as provided by section 203(h) of the Act. Holding agencies accordingly may execute transfers without charge to the Department of Agriculture; or
(2) A statement setting forth the conditions and prices which should be used in the disposition of the commodities or products.