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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 F - Federal Travel Regulation System |
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Chapter 302 - Relocation Allowances |
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SubChapter E - Residence Transaction Allowances |
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Part 302-15 - Allowance for Property Management Services |
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Subpart A - General Rules for the Employee |
§ 302-15.2 - What are the purposes of the property management services allowance?
Latest version.
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§ 302-15.2 What are the purposes of the property management services allowance?
The purposes of the property management services allowance are to:
(a) Reduce overall Government relocation costs by using the property management services allowance in place of allowances for the sale of the employee's residence; and
(b) Relieve employees transferred to OCONUS duty stations from the costs of maintaining a home in CONUS during their tour of duty.
[FTR Amdt. 2011-01, 76 FR 18344, Apr. 1, 2011]