Archives of Directives

Exchange/Sale Property

Property not excess to the needs of the holding agency but eligible for replacement, which is exchanged or sold under the provisions of 41 CFR 102-39 in order to apply the exchange allowance or proceeds of sale in whole or in part as payment for replacement with a similar item.
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Definition 1

Property not excess to the needs of the holding agency but eligible for replacement, which is exchanged or sold under the provisions of 41 CFR 102-39 in order to apply the exchange allowance or proceeds of sale in whole or in part as payment for replacement with a similar item.

CategoriesAdministration, Finance
Term OPIMA - Office of Management
Definition typeDefinition
RelatedSources

Source 1:

DOE G 580.1-1A Chg1 (LtdChg), Personal Property
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