§ 245.7302-2 - Lotting.  


Latest version.
  • (a) Consider combining property into lots when the quantities, value, or nature of the property makes it uneconomical to sell separately.

    (b) When lotting is appropriate and economically practical—

    (1) Size the lots to encourage bidding by small businesses or individuals;

    (2) Lot unused items by make or manufacturer, except when quantities or dollar values are small;

    (3) Lot commercially similar items when practicable;

    (4) Lot used and unused items separately unless quantities, value, or nature of property makes it uneconomical to sell separately;

    (5) Size lots large enough to ensure the selling costs are not disproportionate to the anticipated proceeds.