[Code of Federal Regulations]
[Title 41, Volume 3]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 41CFR102-75.60]

[Page 217-218]
 
           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. 102-75.60  What are landholding agencies' responsibilities 
concerning real property surveys?

    A landholding agency's responsibilities concerning real property 
utilization surveys are to:
    (a) Survey real property under its control (i.e., property reported 
on its financial statements) at least annually to identify property that 
is not utilized, 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, the GSA Customer Guide to Real Property 
Disposal

[[Page 218]]

can 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.