How is a sale of a foreign gift or decoration to an employee conducted?

  1. Law
  2. CFR 41
  3. Public Contracts and Property Management
  4. Federal Property Management Regulations System
  5. Federal Management Regulation
  6. Personal Property
  7. Utilization, Donation, and Disposal of Foreign Gifts and Decorations
  8. Sale or Destruction of Foreign Gifts and Decorations
  9. How is a sale of a foreign gift or decoration to an employee conducted?

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§ 102-42.140 How is a sale of a foreign gift or decoration to an employee conducted?

Foreign gifts and decorations must be offered first through negotiated sales to the employee who has indicated an interest in purchasing the item. The sale price must be the commercially appraised value of the gift. Sales must be conducted and documented in accordance with part 102-38 of this subchapter B.

[68 FR 56496, Sept. 4, 2003, as amended at 71 FR 28778, May 18, 2006]


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