Code of Federal Regulations (Last Updated: May 6, 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 101-47 - Utilization and Disposal of Real Property |
Subpart 101-47.4 - Management of Excess and Surplus Real Property |
§ 101-47.401-1 - Policy.
Latest version.
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It is the policy of the Administrator of General Services:
(a) That the management of excess real property and surplus real property, including related personal property, shall provide only those minimum services necessary to preserve the Government's interest therein, realizable value of the property considered.
(b) To place excess real property and surplus real property in productive use through interim utilization:
Provided, That such temporary use and occupancy will not interfere with, delay, or retard its transfer to a Federal agency or disposal.(c) That excess and surplus real property which is dangerous to the public health or safety shall be destroyed or rendered innocuous.