How does a VOSB obtain Federal surplus personal 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 small business concerns owned and controlled by veterans includes all surplus personal property which has become available for donation pursuant to 41 CFR 102-37.30. (b) (1) Be a small business concern owned and controlled by veterans, that has been certified by SBA under this part; (2) Not be debarred, suspended, or declared ineligible under title 2 or title 48 of the CFR; and (3) Be engaged or expect to be engaged in business activities making the item useful to it. (c) (i) As to what the intended use of the surplus personal property is to be; (ii) That it will use the surplus personal 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 surplus personal property to be acquired to any party other than the Federal Government as required by General Services Administration (GSA) and SASP requirements and guidelines; (iv) That, at its own expense, it will return the surplus personal property to a SASP if directed to do so by SBA, including where the concern has not used the property as intended within one year of receipt; (v) That, should it breach its agreement not to sell or transfer the surplus personal property, it will be liable to the Federal Government for the established fair market value or the sale price, whichever is greater, of the

official document · source cfr-2024 · id 13:§ 128.700