41 C.F.R. · Public Contracts and Property Management
41 C.F.R. § 102.73.245

When may Federal agencies consider purchase of buildings?

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

41 C.F.R. § 102.73.245 — When may Federal agencies consider purchase of buildings?

§ 102–73.245 When may Federal agencies consider purchase of buildings? A Federal agency may consider purchase of buildings on a case-by-case basis if it has landholding authority and when one or more of the following conditions exist: (a) It is economically more beneficial to own and manage the property. (b) There is a long-term need for the property. (c) The property is an existing building, or a building nearing completion, that can be purchased and occupied within a reasonable time. (d) When otherwise in the best interests of the Government.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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41 C.F.R. § 102.73.245
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The regulatory text of 41 C.F.R. § 102.73.245 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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