41 C.F.R. · Public Contracts and Property Management
41 C.F.R. § 102.75.900

What is a negotiated sale for economic development purposes?

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

41 C.F.R. § 102.75.900 — What is a negotiated sale for economic development purposes?

§ 102–75.900 What is a negotiated sale for economic development purposes? A negotiated sale for economic development purposes means that the public body purchasing the property will develop or make substantial improvements to the property with the intention of reselling or leasing the property in parcels to users to advance the community's economic benefit. This type of negotiated sale is acceptable where the expected public benefits to the community are greater than the anticipated proceeds derived from a competitive public sale. Explanatory Statements for Negotiated Sales

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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41 C.F.R. § 102.75.900
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The regulatory text of 41 C.F.R. § 102.75.900 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. § 102.75.900