41 C.F.R. § 102-38.55

Current through September 30, 2024
Section 102-38.55 - What must we do when selling personal property?

When selling personal property, you must ensure that-

(a) All sales are made after publicly advertising for bids, except as provided for negotiated sales in §§ 102-38.100 through 102-38.125; and
(b) Advertising for bids must permit full and free competition consistent with the value and nature of the property involved.

41 C.F.R. § 102-38.55