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 C - Real Property |
Part 102-74 - Facility Management |
Subpart B - Facility Management |
Asset Services |
§ 102-74.120 - Is a prospectus required to be submitted before emergency alterations can be performed?
Latest version.
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§ 102-74.120 Is a prospectus required to be submitted before emergency alterations can be performed?
No. A prospectus does not need to be submitted before emergency alterations are performed, but GSA must submit a prospectus as soon as possible after the emergency. Federal agencies must immediately alter a building if the alteration protects people, buildings, or equipment, saves lives, and/or avoids further property damage. Federal agencies can take these actions in an emergency before GSA submits a prospectus on the alterations to the Senate Committee on Environment and Public Works and the House Committee on Transportation and Infrastructure.