Code of Federal Regulations (Last Updated: May 6, 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 |
§ 102-38.65 - What if we are or the holding agency is notified of a Federal requirement for surplus personal property before the sale is complete?
Latest version.
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§ 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?
Federal agencies have first claim to excess or surplus personal property reported to the General Services Administration. When a bona fide need for the property exists and is expressed by a Federal agency, and when no like item(s) are located elsewhere, you or the holding agency must make the property available for transfer to the maximum extent practicable and prior to transfer of title to the property.
[68 FR 51421, Aug. 26, 2003, as amended at 73 FR 20803, Apr. 17, 2008]