41 C.F.R. · Public Contracts and Property Management
41 C.F.R. § 102.75.55

What does the term “Not being put to optimum use” mean?

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Regulatory Text

41 C.F.R. § 102.75.55 — What does the term “Not being put to optimum use” mean?

§ 102–75.55 What does the term “Not being put to optimum use” mean? Not being put to optimum use means an entire property or portion thereof, with or without improvements, which— (a) Even though used for current program purposes, the nature, value, or location of the property is such that it could be utilized for a different and significantly higher and better purpose; or (b) The costs of occupying are substantially higher than other suitable properties that could be made available through transfer, purchase, or lease with total net savings to the Government, after considering property values, costs of moving, occupancy, operational efficiency, environmental effects, regional planning, and employee morale. Guidelines

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR41-SEC-B20164
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Citation
41 C.F.R. § 102.75.55
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The regulatory text of 41 C.F.R. § 102.75.55 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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