Federal Management Regulation; FMR Case 2007-102-2, Sale of Personal Property-Federal Asset Sales (eFAS) Sales Centers
The General Services Administration is amending the Federal Management Regulation (FMR) by adding provisions for the sale of personal property through Federal Asset Sales (eFAS) Sales Centers.
Real Property Federal Asset Sales
In 2001, the President's Management Council selected the Federal Asset Sales (eFAS) initiative as one of the President's Electronic Government initiatives. The eFAS initiative is designed to make it easier for citizens and businesses to locate available Government assets, both real and personal, from a single portal location. The attached Bulletin provides instructions to Federal agencies on the advertising and reporting of sales of Federally-owned real property in accordance with the eFAS initiative. The General Services Administration will be publishing the posting and reporting requirements described in the Bulletin in an amendment to the Federal Management Regulation shortly.