CFR > Title 30 > Chapter V > Subchapter B > Part 556 > Subpart E > How To Bid
Current as of: 2024 | Check for updates
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§ 556.500 | Once qualified, how do I submit a bid? |
§ 556.501 | What information do I need to submit with my bid? |
Terms Used In CFR > Title 30 > Chapter V > Subchapter B > Part 556 > Subpart E > How To Bid
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC