§45.604-3. Proceeds from sales of surplus property.
48 C.F.R. § 45.604-3
Proceeds of any sale are to be credited to the Treasury of the United States as miscellaneous receipts, unless otherwise authorized by statute or the contract or any subcontract thereunder authorizes the proceeds to be credited to the price or cost of the work (40 U.S.C. 571 and 574).
Notes, amendments, and revision history
Amendments
[69 FR 17745, Apr. 4, 2004. Redesignated at 77 FR 12944, Mar. 2, 2012]
Source
Source: 69 FR 17745, Apr. 4, 2004, unless otherwise noted.
Authority
Authority: 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.
Source
Source: 48 FR 42392, Sept. 19, 1983, unless otherwise noted.
Amendments
[69 FR 17745, Apr. 4, 2004. Redesignated at 77 FR 12944, Mar. 2, 2012]