[Code of Federal Regulations]
[Title 41, Volume 3]
[Revised as of July 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 41CFR102-75.25]

[Page 138]
 
           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT
 
               CHAPTER 102--FEDERAL MANAGEMENT REGULATION
 
PART 102-75--REAL PROPERTY DISPOSAL--Table of Contents
 
Sec. 102-75.25  What are Executive agencies' responsibilities concerning real property surveys?

    A landholding agency's responsibilities concerning real property 
surveys are to:
    (a) Survey real property under its control (i.e., that property 
reported on its financial statements) at least annually to identify 
property that is not needed, underutilized, or not being put to optimum 
use. When other needs for the property are identified or recognized, the 
agency must determine whether continuation of the current use or another 
use would better serve the public interest, considering both the Federal 
agency's needs and the property's location. In conducting annual reviews 
of their property holdings, Sec. 101-47.801(b) of this title and other 
applicable GSA regulations provide guidelines for Executive agencies to 
consider in identifying unneeded Federal real property;
    (b) Maintain its inventory of real property at the absolute minimum 
consistent with economical and efficient conduct of the affairs of the 
agency; and
    (c) Promptly report to GSA real property that it has determined to 
be excess.