C.F.R. » Title 41 » CHAPTER 102—FEDERAL MANAGEMENT REGULATION › SUBCHAPTER B—PERSONAL PROPERTY › PART 102-38—SALE OF PERSONAL PROPERTY › Subpart E—Provisions for State and Local Governments

41 C.F.R. § 102-38.125

Special provisions for State and local governments regarding negotiated sales

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You must waive the requirement for bid deposits and payment prior to removal of the property. However, payment must be made within 30 calendar days after purchase.