41 CFR § 102-39.15

41 CFR · Public Contracts and Property Management

§ 102-39.15 — When to offer exchange/sale property to Federal agencies and State Agencies for Surplus Property (SASPs).

41 CFR § 102-39.15

TitleTitle 41: Public Contracts and Property Management PartPart 102-39: Replacement of Personal Property Pursuant to the Exchange/Sale Authority

SourceeCFR (current through Mar 6, 2026)

This text of 41 C.F.R. § 102-39.15 (When to offer exchange/sale property to Federal agencies and State Agencies for Surplus Property (SASPs).) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

41 C.F.R. § 102-39.15 (2026).

Text

§ 102-39.15 When to offer exchange/sale property to Federal agencies and State Agencies for Surplus Property (SASPs). You should first solicit:

(a)Federal agencies known to use or distribute such property. If a Federal agency is interested in acquiring and paying for the property, you should arrange for a reimbursable transfer. Reimbursable transfers may also be conducted with the Senate, the House of Representatives, the Architect of the Capitol and any activities under the Architect's direction, the District of Columbia, and mixed-ownership Government corporations. When conducting a reimbursable transfer, you must:

(1)Do so under terms mutually agreeable to you and the recipient;

(2)Not require reimbursement of an amount greater than the estimated fair market value of the transferr

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§ 102-39.15 When to offer exchange/sale property to Federal agencies and State Agencies for Surplus Property (SASPs).

You should first solicit:

(a) Federal agencies known to use or distribute such property. If a Federal agency is interested in acquiring and paying for the property, you should arrange for a reimbursable transfer. Reimbursable transfers may also be conducted with the Senate, the House of Representatives, the Architect of the Capitol and any activities under the Architect's direction, the District of Columbia, and mixed-ownership Government corporations. When conducting a reimbursable transfer, you must:

(1) Do so under terms mutually agreeable to you and the recipient;

(2) Not require reimbursement of an amount greater than the estimated fair market value of the transferred property; and

(3) Apply the transfer proceeds in whole or part payment for property acquired to replace the transferred property.

(b) SASPs known to have an interest in acquiring such property. If a SASP is interested in acquiring the property, you should consider selling it to the SASP by negotiated sale at fixed price. The sales proceeds must be applied in whole or part payment for property acquired to replace the transferred property.