What are the disposal agency's responsibilities concerning negotiated sales?

  1. Law
  2. CFR 41
  3. Public Contracts and Property Management
  4. Federal Property Management Regulations System
  5. Federal Management Regulation
  6. Real Property
  7. Real Property Disposal
  8. Surplus Real Property Disposal
  9. Negotiated Sales
  10. What are the disposal agency's responsibilities concerning negotiated sales?

Checkout our iOS App for a better way to browser and research.

§ 102-75.885 What are the disposal agency's responsibilities concerning negotiated sales?

The disposal agency must -

(a) Obtain such competition as is feasible in all negotiations of disposals and contracts for disposal of surplus property; and

(b) Prepare and transmit an explanatory statement if the fair market value of the property exceeds $100,000, identifying the circumstances of each disposal by negotiation for any real property specified in 40 U.S.C. 545(e), to the appropriate committees of the Congress in advance of such disposal.


Download our app to see the most-to-date content.