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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 101-48 - Utilization, Donation, or Disposal of Abandoned and Forfeited Personal Property |
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Subpart 101-48.1 - Utilization of Abandoned and Forfeited Personal Property |
§ 101-48.101-8 - Billing.
Latest version.
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(a) Each holding agency shall be responsible for billing and collecting the costs of care and handling, as well as the fair value of property transferred to other agencies, when such reimbursement is required in accordance with § 101-43.309-3.
(b) Commercial organizations accruing charges prior to transfer shall be responsible for billing and collecting these charges from the transferee agency.