41 C.F.R. · Public Contracts and Property Management
41 C.F.R. § 102.75.1275

Does a requesting agency have to pay for excess real property?

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

41 C.F.R. § 102.75.1275 — Does a requesting agency have to pay for excess real property?

§ 102–75.1275 Does a requesting agency have to pay for excess real property? Yes. GSA is required by law to obtain full fair market value (as determined by the Administrator) for all real property (see § 102–75.190), except when a transfer without reimbursement has been authorized (see § 102–75.205). GSA, upon receipt of a valid expression of interest, will promptly provide each interested landholding agency with an estimate of fair market value for the property. GSA may transfer property without reimbursement, if directed to do so by law or special legislation and for the following purposes: (a) Migratory Bird Management under Pub. L. 80–537, as amended by Pub. L. 92–432. (b) Wildlife Conservation under Pub. L. 80–537. (c) Federal Correctional facilities. (d) Joint Surveillance System.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR41-SEC-4AB0D5
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boisestandard.org
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41 C.F.R. § 102.75.1275
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The regulatory text of 41 C.F.R. § 102.75.1275 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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boisestandard.org United States Law CFR Title 41 41 C.F.R. § 102.75.1275