Code of Federal Regulations · Section
§ 102-38.125 — -38.125 Special Provisions For State And Local Governments Regarding Negotiated Sales
41 C.F.R. § 102-38.125
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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.
Authorizing Statute
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Administrative40 U.S.C. § 121
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Supervision and direction40 U.S.C. § 541