Code of Federal Regulations · Section
§ 45.604-3 — 45.604-3 Proceeds From Sales Of Surplus Property
48 C.F.R. § 45.604-3
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Proceeds of any sale are to be credited to the Treasury of the United States as miscellaneous receipts, unless otherwise authorized by statute or the contract or any subcontract thereunder authorizes the proceeds to be credited to the price or cost of the work (40 U.S.C. 571 and 574).
Authorizing Statute
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General rules for deposit and use of proceeds40 U.S.C. § 571
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Administrative40 U.S.C. § 121
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Powers of the Administration in performance of functions51 U.S.C. § 20113
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Chapter 137 legacy provisions10 U.S.C. § 3016