41 C.F.R. · Public Contracts and Property Management
41 C.F.R. § 102.39.5

What is the exchange/sale authority?

Title 41 C.F.R. ● ACTIVE Primary Source
Regulatory Text

41 C.F.R. § 102.39.5 — What is the exchange/sale authority?

§ 102–39.5 What is the exchange/sale authority? The exchange/sale authority is a statutory provision, (40 U.S.C. 503), which states in part: “In acquiring personal property, an executive agency may exchange or sell similar items and may apply the exchange allowance or proceeds of sale in whole or in part payment for the property acquired.” [73 FR 50880, Aug. 29, 2008]

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR41-SEC-1F7B6E
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41 C.F.R. § 102.39.5
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The regulatory text of 41 C.F.R. § 102.39.5 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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