41 C.F.R. § 102-42.40 When is a commercial appraisal necessary?
Title 41 - Public Contracts and Property Management
(a) A commercial appraisal is necessary when an employee indicates an interest in purchasing a gift or decoration and must be obtained before the gift or decoration is reported to GSA for screening. (b) GSA may also require the employing agency to obtain a commercial appraisal of a gift or decoration that the agency no longer needs before accepting the agency's report of the item as excess personal property.
Title 41: Public Contracts and Property Management
PART 102–42—UTILIZATION, DONATION, AND DISPOSAL OF FOREIGN GIFTS AND DECORATIONS
Subpart A—General Provisions
Appraisals
§ 102-42.40 When is a commercial appraisal necessary?