Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 41 - Public Contracts and Property Management |
Subtitle C - Federal Property Management Regulations System |
Chapter 102 - Federal Management Regulation |
SubChapter B - Personal Property |
Part 102-38 - Sale of Personal Property |
Subpart A - General Provisions |
Responsibilities |
§ 102-38.40 - Who may sell personal property? |
§ 102-38.45 - What are an executive agency's responsibilities in selling personal property? |
§ 102-38.50 - What must we do when an executive agency suspects violations of 40 U.S.C. 559, fraud, bribery, or criminal collusion in connection with the disposal of personal property? |
§ 102-38.55 - What must we do when selling personal property? |
§ 102-38.60 - Who is responsible for the costs of care and handling of the personal property before it is sold? |
§ 102-38.65 - What if we are or the holding agency is notified of a Federal requirement for surplus personal property before the sale is complete? |
§ 102-38.70 - May the holding agency abandon or destroy personal property either prior to or after trying to sell it? |
Definitions |
§ 102-38.35 - What definitions apply to this part? |
§ 102-38.5 - What does this part cover? |
§ 102-38.10 - What is the governing authority for this part? |
§ 102-38.15 - Who must comply with these sales provisions? |
§ 102-38.20 - Must an executive agency follow the regulations of this part when selling all personal property? |
§ 102-38.25 - To whom do “we”, “you”, and their variants refer? |
§ 102-38.30 - How does an executive agency request a deviation from the provisions of this part? |
Subpart B - Sales Process |
Advertising |
§ 102-38.130 - Must we publicly advertise sales of Federal personal property? |
§ 102-38.135 - What constitutes a public advertisement? |
§ 102-38.140 - What must we include in the public notice on sale of personal property? |
Pre-Sale Activities |
§ 102-38.145 - Must we allow for inspection of the personal property to be sold? |
§ 102-38.150 - How long is the inspection period? |
Offer to Sell |
§ 102-38.155 - What is an offer to sell? |
§ 102-38.160 - What must be included in the offer to sell? |
§ 102-38.165 - Are the terms and conditions in the offer to sell binding? |
Competitive Sales |
§ 102-38.85 - What is a sealed bid sale? |
§ 102-38.90 - What is a spot bid sale? |
§ 102-38.95 - What is an auction? |
Negotiated Sales |
§ 102-38.100 - What is a negotiated sale? |
§ 102-38.105 - Under what conditions may we negotiate sales of personal property? |
§ 102-38.110 - Who approves our determinations to conduct negotiated sales? |
§ 102-38.115 - What are the specific reporting requirements for negotiated sales? |
§ 102-38.120 - When may we conduct negotiated sales of personal property at fixed prices (fixed price sale)? |
§ 102-38.125 - May we sell personal property at fixed prices to State agencies? |
Methods of Sale |
§ 102-38.75 - How may we sell personal property? |
§ 102-38.80 - Which method of sale should we use? |
Subpart C - Bids |
Bid Deposits |
§ 102-38.230 - Is a bid deposit required to buy personal property? |
§ 102-38.235 - What types of payment may we accept as bid deposits? |
§ 102-38.240 - What happens to the deposit bond if the bidder defaults or wants to withdraw their bid? |
Late Bids |
§ 102-38.245 - Do we consider late bids for award? |
§ 102-38.250 - How do we handle late bids that are not considered? |
Buyer Eligibility |
§ 102-38.170 - May we sell Federal personal property to anyone? |
§ 102-38.175 - How do we find out if a person or entity has been suspended or debarred from doing business with the Government? |
§ 102-38.180 - May we sell Federal personal property to a Federal employee? |
§ 102-38.185 - May we sell Federal personal property to State or local governments? |
Acceptance of Bids |
§ 102-38.190 - What is considered a responsive bid? |
§ 102-38.195 - Must bidders use authorized bid forms? |
§ 102-38.200 - Who may accept bids? |
§ 102-38.205 - Must we accept all bids? |
§ 102-38.210 - What happens when bids have been rejected? |
§ 102-38.215 - When may we disclose the bid results to the public? |
§ 102-38.220 - What must we do when the highest bids received have the same bid amount? |
§ 102-38.225 - What are the additional requirements in the bid process? |
Mistakes in Bids |
§ 102-38.260 - Who makes the administrative determinations regarding mistakes in bids? |
§ 102-38.265 - Must we keep records on administrative determinations? |
§ 102-38.270 - May a bidder protest the determinations made on sales of personal property? |
Modification or Withdrawal of Bids |
§ 102-38.255 - May we allow a bidder to modify or withdraw a bid? |
Subpart D - Completion of Sale |
Disposition of Proceeds |
§ 102-38.295 - May we retain sales proceeds? |
§ 102-38.300 - What happens to sales proceeds that neither we nor the holding agency are authorized to retain, or that are unused? |
Awards |
§ 102-38.275 - To whom do we award the sales contract? |
§ 102-38.280 - What happens when there is no award? |
Payments |
§ 102-38.290 - What types of payment may we accept? |
Disputes |
§ 102-38.305 - How do we handle disputes involved in the sale of Federal personal property? |
§ 102-38.310 - Are we required to use the Disputes clause in the sale of personal property? |
§ 102-38.315 - Are we required to use Alternative Disputes Resolution for sales contracts? |
Transfer of Title |
§ 102-38.285 - How do we transfer title from the Government to the buyer for personal property sold? |
Subpart E - Other Governing Statutes |
Antitrust Requirements |
§ 102-38.325 - What are the requirements pertaining to antitrust laws? |
§ 102-38.320 - Are there other statutory requirements governing the sale of Federal personal property? |
Subpart F - Reporting Requirements |
§ 102-38.330 - Are there any reports that we must submit to the General Services Administration? |
§ 102-38.335 - Is there any additional personal property sales information that we must submit to the General Services Administration? |
Subpart G - Provisions for State and Local Governments |
§ 102-38.340 - How may we sell personal property to State and local governments? |
§ 102-38.345 - Do we have to withdraw personal property advertised for public sale if a State Agency for Surplus Property wants to buy it? |
§ 102-38.350 - Are there special provisions for State and local governments regarding negotiated sales? |
§ 102-38.355 - Do the regulations of this part apply to State Agencies for Surplus Property (SASPs) when conducting sales? |
Subpart H - Implementation of the Federal Asset Sales Program |
§ 102-38.360 - What must an executive agency do to implement the eFAS program? |
§ 102-38.365 - Is a holding agency required to report property in “scrap” condition to its selected SC? |
§ 102-38.370 - What does a holding agency do with property which cannot be sold by its SC? |