FAR 45.604-3

Proceeds from sales of surplus property.

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 ).

Source: acquisition.gov — FAR

← 45.604-2 45.604-4 →

More parts

Previous part: FAR 44 — Subcontracting Policies and Procedures Next part: FAR 46 — Quality Assurance DFARS counterpart: 245 — Government Property

Have a solicitation to win?

Paste it into the free Contrax bid scorer — get an AI win-probability score with the FAR clauses that matter, in seconds. No signup required.

Score any bid — free Browse the full FAR & DFARS library