B-148315, MAR. 27, 1962
Highlights
TO GENERAL SERVICES ADMINISTRATION: REFERENCE IS MADE TO YOUR LETTER OF FEBRUARY 23. WE ARE ADVISED THAT THE PROPOSED REVISION SHOULD RESULT IN BETTER SUPERVISION AND DIRECTION BY THE ADMINISTRATOR OVER THE DISPOSAL OF SURPLUS REAL PROPERTY. WE NOTE THAT A REVISION OF SUBSECTION 401.10 IS ALSO CONTEMPLATED SO AS TO PROVIDE THAT DISPOSAL AGENCIES WILL DOCUMENT THE FACTORS LEADING TO AND THE DETERMINATION JUSTIFYING DISPOSAL BY NEGOTIATION OF ANY SURPLUS REAL PROPERTY REGARDLESS OF ITS ESTIMATED FAIR MARKET VALUE. SUCH DOCUMENTATION AND RETENTION THEREOF IN THE FILES OF THE DISPOSAL AGENCY IS NOT REQUIRED IF THE ESTIMATED FAIR MARKET VALUE OF THE PROPERTY INVOLVED IS NOT MORE THAN $1. WE HAVE NO OBJECTION TO THE ISSUANCE OF THE PROPOSED REVISIONS TO SUBSECTIONS 401.10 AND 401.11.
B-148315, MAR. 27, 1962
TO GENERAL SERVICES ADMINISTRATION:
REFERENCE IS MADE TO YOUR LETTER OF FEBRUARY 23, 1962, REQUESTING OUR REVIEW OF A PROPOSED REVISED SUBSECTION 401.11, CHAPTER V, TITLE 2, REAL PROPERTY MANAGEMENT, REGULATIONS OF THE GENERAL SERVICES ADMINISTRATION.
UNDER THE PROPOSED REVISED SUBSECTION 401.11 FEDERAL AGENCIES WOULD BE REQUIRED TO SUBMIT EXPLANATORY STATEMENTS OF THE CIRCUMSTANCES OF DISPOSALS BY NEGOTIATION TO THE ADMINISTRATOR, GENERAL SERVICES ADMINISTRATION, INSTEAD OF TRANSMITTING SUCH REPORTS DIRECTLY TO APPROPRIATE COMMITTEES OF THE CONGRESS. EACH EXPLANATORY STATEMENT WOULD BE REVIEWED BY ADMINISTRATOR BEFORE TRANSMITTAL TO THE COMMITTEES ON GOVERNMENT OPERATIONS AND ANY OTHER APPROPRIATE COMMITTEES OF THE SENATE AND HOUSE OF REPRESENTATIVES. WE ARE ADVISED THAT THE PROPOSED REVISION SHOULD RESULT IN BETTER SUPERVISION AND DIRECTION BY THE ADMINISTRATOR OVER THE DISPOSAL OF SURPLUS REAL PROPERTY.
WE NOTE THAT A REVISION OF SUBSECTION 401.10 IS ALSO CONTEMPLATED SO AS TO PROVIDE THAT DISPOSAL AGENCIES WILL DOCUMENT THE FACTORS LEADING TO AND THE DETERMINATION JUSTIFYING DISPOSAL BY NEGOTIATION OF ANY SURPLUS REAL PROPERTY REGARDLESS OF ITS ESTIMATED FAIR MARKET VALUE. UNDER EXISTING REGULATIONS, SUCH DOCUMENTATION AND RETENTION THEREOF IN THE FILES OF THE DISPOSAL AGENCY IS NOT REQUIRED IF THE ESTIMATED FAIR MARKET VALUE OF THE PROPERTY INVOLVED IS NOT MORE THAN $1,000.
WE HAVE NO OBJECTION TO THE ISSUANCE OF THE PROPOSED REVISIONS TO SUBSECTIONS 401.10 AND 401.11.