How does a Participant obtain Federal Government surplus property?

CFR · 2024-01-01 · US · Title 13

(a) (2) The surplus personal property which may be transferred to SASPs for further transfer to eligible Participants includes all personal property which has become available for donation pursuant to 41 CFR 102-37.30. (b) (1) Be in the 8(a) BD program; (2) Be in compliance with all program requirements, including any reporting requirements; (3) Not be debarred, suspended, or declared ineligible under Title 2 or Title 48 of the Code of Federal Regulations; (4) Not be under a pending 8(a) BD program suspension, termination or early graduation proceeding; and (5) Be engaged or expect to be engaged in business activities making the item useful to it. (6) Not have received property under part 129, Subpart B of this chapter, during the applicable period described in that section. (c) (i) As to what the intended use of the surplus property is to be and that this use is consistent with the objectives of the concern's 8(a) business plan; (ii) That it will use the property to be acquired in the normal conduct of its business activities or be liable for the fair rental value from the date of its receipt; (iii) That it will not sell or transfer the property to be acquired to any party other than the Federal Government during its term of participation in the 8(a) program and for one year after it leaves the program; (iv) That, at its own expense, it will return the property to a SASP or transfer it to another Participant if directed to do so by SBA because it has not used the property as

official document · source cfr-2024 · id 13:§ 124.405