Illinois Administrative Code
Title 44 - GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT AND PROPERTY MANAGEMENT
Part 5020 - FEDERAL SURPLUS PROPERTY: ILLINOIS STATE PLAN, STATE AGENCY FOR FEDERAL SURPLUS PROPERTY
Subpart F - AUDITING AND COMPLIANCE REQUIREMENTS
Section 5020.620 - Non-Utilized Surplus Property
Universal Citation: 44 IL Admin Code ยง 5020.620
Current through Register Vol. 48, No. 38, September 20, 2024
a) All property which has been in the possession of the SASP for 18 months which has not been distributed to eligible recipients shall be reported to the federal General Services Administration (GSA).
b) Upon receiving authorization from the GSA, the SASP shall proceed to dispose of the property as directed by the GSA, by:
1) Transferring the property to another SASP
or a federal agency.
2) Disposing
of the property at public sale.
3)
Abandoning or destroying the property.
c) In the event that the SASP is instructed to dispose of surplus property by transferring it to another agency or selling it, the SASP shall seek reimbursement for its costs in doing so, as instructed by the GSA.
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