GroundRules
41 CFR 102-42.40: -42.40 Appraisals.
Where this section sits in the code
- Title 41—Public Contracts and Property Management
- Subtitle C—Federal Property Management Regulations System
- CHAPTER 102—FEDERAL MANAGEMENT REGULATION
- SUBCHAPTER B—PERSONAL PROPERTY
- PART 102-42—UTILIZATION, DONATION, AND DISPOSAL OF FOREIGN GIFTS AND DECORATIONS
- Subpart A—General Provisions
An appraisal is required in the following circumstances:
(a) When an employee expresses interest in purchasing a gift or decoration. In this situation, the appraisal must be obtained prior to reporting the gift or decoration to GSA for screening (see § 102-42.20);
(b) When GSA requires the employing agency to obtain an appraisal of a gift or decoration retained for official use but no longer needed, prior to accepting the agency's report of the item as excess personal property; or
Note 1 to paragraphs (a) and (b):
Refer to § 102-42.50 for guidance on how appraisals under these two situations are handled.
(c) When required by the agency's internal policy, pursuant to 5 U.S.C. 7342(g).
Collected 2026-08-27T02:26:05Z. Source file · JSON