§ 102-38.330 Are there any reports that we must submit to the General Services Administration?
§ 102-38.335 Is there any additional personal property sales information that we must submit to the General Services Administration?

Terms Used In CFR > Title 41 > Subtitle C > Chapter 102 > Subchapter B > Part 102-38 > Subpart F - Reporting Requirements

  • 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.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Personal property: All property that is not real property.