41 C.F.R. § 102-38.100 What is a negotiated sale?
Title 41 - Public Contracts and Property Management
A negotiated sale is a sale where the selling price is arrived at between the seller and the buyer, subject to obtaining such competition as is feasible under the circumstances.
Title 41: Public Contracts and Property Management
PART 102–38—SALE OF PERSONAL PROPERTY
Subpart B—Sales Process
Negotiated Sales
§ 102-38.100 What is a negotiated sale?

