[Code of Federal Regulations]
[Title 32, Volume 5, Parts 700 to 799]
[Revised as of  July 1, 1998]
From the U.S. Government Printing Office via GPO Access
[CITE: 32CFR736.3]

[Page 364-365]
 
                       TITLE 32--NATIONAL DEFENSE
 
                   CHAPTER VI--DEPARTMENT OF THE NAVY
 
PART 736--DISPOSITION OF PROPERTY--Table of Contents
 
Sec. 736.3  Sale of personal property.

    (a) The sale of personal property determined to be surplus or 
foreign excess or for exchange purposes is authorized by the Federal 
Property Act and regulations of the Administrator of General Services 
(see Sec. 736.1(a)). Certain vessels stricken from the Naval Vessel 
Register may be sold under the act of August 19, 1956, (70A Stat. 451, 
10 U.S.C. 7305).
    (b) Sales are by sealed bid, auction, spot bid or, under limited 
conditions prescribed by law, negotiated method. A deposit, generally 20 
percent of the amount bid, is normally required of each bidder. Awards 
are usually made to the highest acceptable bidder. Normally property may 
not be removed from Government control until full payment is made. 
Arrangements must be made by the successful bidder to remove the 
property within the time limit prescribed in the invitation to bid or 
sales contract. The Government reserves the right to withdraw any 
property from sale when in the best interest of the Government.

[[Page 365]]

    (1) The Department of Defense has a contact point for any person 
interested in purchasing surplus Department of Defense personal property 
within the United States. The contact point is the Defense Surplus 
Bidders Control Office, Defense Logistics Service Center, Federal Center 
Building, Battle Creek, Michigan. This office maintains a single bidders 
list for all military departments. The list is arranged to show each 
person's buying interests, both geographically and with respect to 
categories of property. The categories of property (together with an 
application blank) are listed in a pamplet ``How to Buy Surplus Personal 
Property From The Department of Defense,'' prepared by the Defense 
Logistics Services Center, Defense Supply Agency, Battle Creek, 
Michigan.
    (2) Retail sales at fixed prices based on the current market value 
are conducted by certain Defense property disposal offices.
[39 FR 18442, May 28, 1974]