[Code of Federal Regulations]
[Title 41, Volume 3]
[Revised as of July 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 41CFR102-73.105]

[Page 175]
 
           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT
 
               CHAPTER 102--FEDERAL MANAGEMENT REGULATION
 
PART 102-73_REAL ESTATE ACQUISITION--Table of Contents
 
                     Subpart B_Acquisition by Lease
 
Sec. 102-73.105  What rules must executive agencies follow when 

acquiring leasehold interests in buildings constructed for Federal 
Government use?

    When acquiring leasehold interests in buildings to be constructed 
for Federal Government use, executive agencies must:
    (a) Establish detailed building specifications before agreeing to a 
contract that will result in the construction of a building;
    (b) Use competitive procedures;
    (c) Inspect every building during construction to ensure that the 
building complies with the Government's specifications;
    (d) Evaluate every building after completion of construction to 
determine that the building complies with the Government's 
specifications; and
    (e) Ensure that any contract that will result in the construction of 
a building contains provisions permitting the Government to reduce the 
rent during any period when the building does not comply with the 
Government's specifications.

                Price Preference for Historic Properties