Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 2 - Defense Acquisition Regulations System, Department of Defense |
SubChapter G - Contract Management |
Part 245 - Government Property |
Subpart 245.73 - Sale of Surplus Contractor Inventory |
§ 245.7301 - Policy.
Latest version.
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(a) Screening must be completed before any surplus contractor inventory sale.
(b) Except as provided in 245.7307, sales of surplus contractor inventory shall be competitive.
(c) The commander of the contract administration office must approve the use of auctions, spot bids, or retail sales.