41 CFR § 102-39.25

41 CFR · Public Contracts and Property Management

§ 102-39.25 — Conditions.

41 CFR § 102-39.25

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. § 102-39.25 (Conditions.) 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. § 102-39.25 (2026).

Text

§ 102-39.25 Conditions. You may use the exchange/sale authority if:

(a)The property exchanged or sold is similar to the property acquired;

(b)The property exchanged or sold is not excess or surplus and you have a continuing need for similar property;

(c)The property exchanged or sold was not acquired for the principal purpose of exchange or sale;

(d)When replacing personal property, the exchange allowance or sales proceeds from the disposition of that property may only be used to offset the cost of the replacement property, not services; and

(e)When replacing personal property by sale, you must use the methods, terms, and conditions of sale, and the forms prescribed in part 102-38 of this subchapter.

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§ 102-39.25 Conditions.

You may use the exchange/sale authority if:

(a) The property exchanged or sold is similar to the property acquired;

(b) The property exchanged or sold is not excess or surplus and you have a continuing need for similar property;

(c) The property exchanged or sold was not acquired for the principal purpose of exchange or sale;

(d) When replacing personal property, the exchange allowance or sales proceeds from the disposition of that property may only be used to offset the cost of the replacement property, not services; and

(e) When replacing personal property by sale, you must use the methods, terms, and conditions of sale, and the forms prescribed in part 102-38 of this subchapter.