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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 102 - Federal Management Regulation |
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SubChapter C - Real Property |
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Part 102-75 - Real Property Disposal |
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Subpart E - Abandonment, Destruction, or Donation to Public Bodies |
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Determinations |
§ 102-75.1000 - How is the decision made to abandon, destroy, or donate property?
Latest version.
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§ 102-75.1000 How is the decision made to abandon, destroy, or donate property?
No property shall be abandoned, destroyed, or donated by a Federal agency under § 102-75.990, unless a duly authorized official of that agency determines, in writing, that -
(a) The property has no commercial value; or
(b) The estimated cost of its continued care and handling exceeds the estimated proceeds from its sale.