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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 2-358.05: Surplus Property Sales Fund.

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Where this section sits in the code
  1. Title 2. Government Administration.
  2. Chapter 3A. Government Procurement.
  3. Subchapter VIII. Supply Management.

(a)

There is established as a special fund the Surplus Property Sales Fund (“Fund”), which shall be administered by the CPO in accordance with subsection (c) of this section.

(b)

There shall be deposited into the Fund:

(1)

Administrative fees collected pursuant to an agreement entered into pursuant to § 2-358.02a; and

(2)

Proceeds from the sale of surplus property by OCP.

(c)

Money in the Fund shall be used to pay the operational costs of OCP.

(d)

Any money remaining available in the Fund at the end of a fiscal year, as determined by the Chief Financial Officer in the fiscal year-end close, shall be transferred to the unassigned fund balance of the General Fund of the District of Columbia as part of the fiscal year-end close.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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