Statutes, codes, and regulations
Code of Federal Regulations
Title 41 - PUBLIC CONTRACTS AND PROPERTY MANAGEMENTSubtitle C - FEDERAL PROPERTY MANAGEMENT REGULATIONS SYSTEMChapter 102 - FEDERAL MANAGEMENT REGULATIONSubchapter B - PERSONAL PROPERTYPart 102-38 - SALE OF PERSONAL PROPERTY
Subpart H - IMPLEMENTATION OF THE FEDERAL ASSET SALES PROGRAM
Section 102-38.365 - Is a holding agency required to report property in "scrap" condition to its selected SC?

41 C.F.R. § 102-38.365

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Current through October 31, 2024
Section 102-38.365 - Is a holding agency required to report property in "scrap" condition to its selected SC?

No. Property which has no value except for its basic material content (scrap material) may be disposed of by the holding agency by sale or as otherwise provided in § 102-38.70. However, the holding agency should consult the SC(s) selected by the holding agency as to the feasibility of selling the scrap material. Agencies selling scrap property under authority of this subpart are still required to report sales metrics in accordance with eFAS ESC-approved format and content.

41 C.F.R. §102-38.365