41 CFR 102-38.220 - What must we do when the highest bids received have the same bid amount?

Code of Federal Regulations - Title 41: Public Contracts and Property Management

Updated to: December 30, 2005

Linked as:

Text

TITLE 41 - PUBLIC CONTRACTS AND PROPERTY MANAGEMENT

SUBTITLE C - FEDERAL PROPERTY MANAGEMENT REGULATIONS SYSTEM

CHAPTER 102 - FEDERAL MANAGEMENT REGULATION

SUBCHAPTER B - PERSONAL PROPERTY

PART 102 - 38 - SALE OF PERSONAL PROPERTY

subpart c - BIDS

102 - 38.220 - What must we do when the highest bids received have the same bid amount?

When the highest bids received have the same bid amount, you must consider other factors of the sale (e.g., timely removal of the property, terms of payment, etc.) that would make one offer more advantageous to the Government. However, if you are unable to make a determination based on available information, and the Government has an acceptable offer, you may re-offer the property for sale, or you may utilize random tiebreakers to avoid the expense of reselling the property.