
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 40USC304a]

 
             TITLE 40--PUBLIC BUILDINGS, PROPERTY, AND WORKS
 
                     CHAPTER 4--THE PUBLIC PROPERTY
 
Sec. 304a. Disposition of surplus real property; assignment to 
        governmental agency; lease; sale
        
    Notwithstanding any other provisions of law, whenever any real 
property located outside of the District of Columbia, exclusive of 
military or naval reservations, heretofore or hereafter acquired by any 
Federal agency, by judicial process or otherwise in the collection of 
debts, purchase, donation, condemnation, devise, forfeiture, lease, or 
in any other manner, is, in whole or in part, declared to be in excess 
of its needs by the Federal agency having control thereof, or by the 
President on recommendation of the Administrator of General Services, 
the Administrator of General Services is authorized (a) to assign or 
reassign to any Federal agency or agencies space therein: Provided, That 
if the Federal agency to which space is assigned does not desire to 
occupy the space so assigned to it, the decision of the Administrator of 
General Services shall be subject to review by the President; or (b) 
pending a sale, to lease such real property on such terms and for such 
period not in excess of five years as he may deem in the public 
interest; or (c) to sell the same at public sale to the highest 
responsible bidder upon such terms and after such public advertisement 
as he may deem in the public interest: Provided, further, That if no 
bids which are satisfactory as to price and responsibility of bidder are 
received as a result of such public advertisement, the Administrator of 
General Services is authorized to sell such property by negotiation, 
upon such terms as may be deemed to be to the best interest of the 
Government, but at a price not less than that bid by the highest 
responsible bidder.

(Aug. 27, 1935, ch. 744, Sec. 1, 49 Stat. 885; July 18, 1940, ch. 635, 
Secs. 1, 3, 54 Stat. 764, 765; June 30, 1949, ch. 288, title I, 
Sec. 103(a), 63 Stat. 380.)


                               Amendments

    1940--Act July 18, 1940, inserted last proviso and substituted 
``Federal Works Administrator'' for ``Secretary of the Treasury'' and 
``Commissioner of Public Buildings'' for ``Director of Procurement''.

                          Transfer of Functions

    Functions of Federal Works Agency and of all agencies thereof, 
together with functions of Federal Works Administrator, and functions of 
Commissioner of Public Buildings and Public Buildings Administration 
transferred to Administrator of General Services by section 103(a) of 
act June 30, 1949, which is classified to section 753(a) of this title. 
Federal Works Agency, office of Federal Works Administrator, office of 
Commissioner of Public Buildings, and Public Buildings Administration 
abolished by section 103(b) of act June 30, 1949.

                 Effective Date of Transfer of Functions

    Transfer of functions by act June 30, 1949, effective July 1, 1949, 
see section 605 of act June 30, 1949 set out as an Effective Date note 
under section 471 of this title.


                            Cross References

    Lands of certain recreational demonstration projects as subject to 
sections 304a, 304b to 304e of this title, see sections 459r to 459t of 
Title 16, Conservation.

                  Section Referred to in Other Sections

    This section is referred to in sections 304a-1, 304a-2, 304b, 304d, 
304e of this title; title 16 section 459t.
