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 101-49 - Utilization, Donation, and Disposal of Foreign Gifts and Decorations |
Subpart 101-49.4 - Sale or Destruction of Foreign Gifts and Decorations |
§ 101-49.402 - Sale of gifts by GSA to interested recipients.
Latest version.
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GSA shall offer gifts through negotiated sales only to a recipient who has indicated an interest in purchasing the item(s). The mailing address and telephone number of the recipient shall be provided on the SF 120, Report of Excess Personal Property. The sales price shall be the appraised value of the gift(s) plus the cost of the appraisal. Sales shall be documented in accordance with part 101-45.