[Code of Federal Regulations]

[Title 41, Volume 2]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 41CFR101-48.101-8]



[Page 202]

 

           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT

 

          CHAPTER 101--FEDERAL PROPERTY MANAGEMENT REGULATIONS

 

PART 101-48_UTILIZATION, DONATION, OR DISPOSAL OF ABANDONED AND 

FORFEITED PERSONAL PROPERTY--Table of Contents

 

    Subpart 101-48.1_Utilization of Abandoned and Forfeited Personal 

                                Property

 

Sec. 101-48.101-8  Billing.



    (a) Each holding agency shall be responsible for billing and 

collecting the costs of care and handling, as well as the fair value of 

property transferred to other agencies, when such reimbursement is 

required in accordance with Sec. 101-43.309-3.

    (b) Commercial organizations accruing charges prior to transfer 

shall be responsible for billing and collecting these charges from the 

transferee agency.



[42 FR 55813, Oct. 19, 1977, as amended at 56 FR 40261, Aug. 14, 1991]