[Code of Federal Regulations]
[Title 41, Volume 3]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 41CFR102-75.240]

[Page 216]
 
           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT
 
               CHAPTER 102--FEDERAL MANAGEMENT REGULATION
 
PART 102-75--REAL PROPERTY DISPOSAL--Table of Contents
 
             Subpart B--Utilization of Excess Real Property
 
Sec. 102-75.240  May excess real property be temporarily assigned/reassigned?

    Yes, whenever GSA determines that it is more advantageous to assign 
property temporarily rather than permanently, it may do so. If the space 
is for office, storage, or related facilities, GSA will determine the 
length of the assignment/reassignment. Agencies are required to 
reimburse the landholding agency (or GSA, if GSA has become responsible 
for seeking an appropriation for protection and maintenance expenses) 
(see Sec. 102-75.970) for protection and maintenance expenses. GSA may 
also temporarily assign/reassign excess real property for uses other 
than storage, office or related facilities. In such cases, the agency 
receiving the temporary assignment may be required to pay a rental or 
users charge based upon the fair market value of the property, as 
determined by GSA. If the property will be required by the agency for a 
period of more than 1 year, it may be transferred on a conditional 
basis, with an understanding that the property will be reported excess 
at an agreed upon time (see Sec. 102-75.85). The requesting agency is 
responsible for protection and maintenance expenses.

                Nonfederal Interim Use of Excess Property