41 C.F.R. § 102-38.120 When may we conduct negotiated sales of personal property at fixed prices (fixed price sale)?
Title 41 - Public Contracts and Property Management
You may sell personal property at fixed prices when the head of your agency, or designee, determines in writing that such sale serves the best interests of the Government. You must publicize such sale to the extent consistent with the value and nature of the property involved, and the prices established must reflect the estimated fair market value of the property. Property is sold on a first-come, first-served basis. You may also establish additional terms and conditions that must be met by the successful purchaser.
Title 41: Public Contracts and Property Management
PART 102–38—SALE OF PERSONAL PROPERTY
Subpart B—Sales Process
Negotiated Sales
§ 102-38.120 When may we conduct negotiated sales of personal property at fixed prices (fixed price sale)?
