FAR 45.604-3 Proceeds from sales of surplus property
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 45.604-3
- Type
- Subsection
- Last amended
- 77 FR 12937 Effective Apr 2, 2012
- Text as of
- FAC 2026-01
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this subsection.
Text
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).
Federal Register history
Quick answers
What is FAR 45.604-3?
FAR 45.604-3 is a subsection of the Federal Acquisition Regulation, titled "Proceeds from sales of surplus property".
When was FAR 45.604-3 last changed?
The most recent final rule on record is "Federal Acquisition Regulation; Government Property" (77 FR 12937), published Mar 2, 2012 and effective Apr 2, 2012.
Are changes to FAR 45.604-3 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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