41 C.F.R. § 102-73.245   When may Federal agencies consider purchase of buildings?


Title 41 - Public Contracts and Property Management


Title 41: Public Contracts and Property Management
PART 102–73—REAL ESTATE ACQUISITION
Subpart C—Acquisition by Purchase or Condemnation
Buildings

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§ 102-73.245   When may Federal agencies consider purchase of buildings?

A Federal agency may consider purchase of buildings on a case-by-case basis if it has landholding authority and when one or more of the following conditions exist:

(a) It is economically more beneficial to own and manage the property.

(b) There is a long-term need for the property.

(c) The property is an existing building, or a building nearing completion, that can be purchased and occupied within a reasonable time.

(d) When otherwise in the best interests of the Government.

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