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Additionally, regulation of interaction between contracting agencies and the GSA is detailed here. Section 302(b) states the "declared policy" of the United States, that "a fair proportion of the total purchases and contracts for supplies and services [should be placed] with small business concerns". [3] 41 U.S. Code § 3104 now reads
The Public Buildings Service (PBS) acquires and manages thousands of federal properties. In accordance with Title 40 of the United States Code, GSA is charged with promulgating regulations governing the acquisition, use, and disposal of real property (real estate and land) and personal property (essentially all other property). This activity is ...
This summary is based largely on the summary provided by the Congressional Research Service, a public domain source. [3]The Better Buildings Act of 2013 would require the Administrator of General Services (GSA) to develop and publish model leasing provisions for use in leasing documents that designate a federal agency as a landlord or tenant to encourage building owners and tenants to invest ...
Title 41 of the Code of Federal Regulations ("CFR"), titled Public Contracts and Property Management, is the portion of the CFR that governs federal government public contracts within the United States. It is available in digital or printed form.
In the United States, the enhanced use lease (EUL) is a method for funding construction or renovations on federal property by allowing a private developer to lease underutilized property, with rent paid by the developer in the form of cash or in-kind services.
The procurement process is subject to legislation and regulation separate from the authorization and appropriation process. These regulations are included in the Code of Federal Regulations ("CFR"), the omnibus listing of Government regulations, as Title 48. Chapter 1 of Title 48 is commonly called the Federal Acquisition Regulation ("FAR").
Last week, regional managers for the General Services Administration, or GSA, received a message from the agency’s Washington headquarters to begin terminating leases on all of the roughly 7,500 ...
The distinction between sales-type and direct financing leases has changed: whereas in ASC 840 the test was whether the fair value of the leased asset was different from the lessor's cost or carrying amount (if so, the lease is a sales-type lease), in ASC 842, any lessor lease that meets the lessee finance lease tests (based on rents and ...