
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 40USC487]

 
             TITLE 40--PUBLIC BUILDINGS, PROPERTY, AND WORKS
 
       CHAPTER 10--MANAGEMENT AND DISPOSAL OF GOVERNMENT PROPERTY
 
                   SUBCHAPTER II--PROPERTY MANAGEMENT
 
Sec. 487. Surveys of Government property and management 
        practices
        

(a) Authorization for surveys, inventory levels, supply catalog system 
        and standardized forms and procedures

    As he may deem necessary for the effectuation of his functions under 
this subchapter, and after adequate advance notice to the executive 
agencies affected, and with due regard to the requirements of the 
Department of Defense as determined by the Secretary of Defense, the 
Administrator is authorized (1) to make surveys of Government property 
and property management practices and obtain reports thereon from 
executive agencies; (2) to cooperate with executive agencies in the 
establishment of reasonable inventory levels for property stocked by 
them and from time to time report any excessive stocking to the Congress 
and to the Director of the Office of Management and Budget; (3) to 
establish and maintain such uniform Federal supply catalog system as may 
be appropriate to identify and classify personal property under the 
control of Federal agencies: Provided, That the Administrator and the 
Secretary of Defense shall coordinate the cataloging activities of the 
General Services Administration and the Department of Defense so as to 
avoid unnecessary duplication; and (4) subject to regulations \1\ 
promulgated by the Administrator for Federal Procurement Policy pursuant 
to the Office of Federal Procurement Policy Act [41 U.S.C. 401 et seq.], 
to prescribe standardized forms and procedures, except such as the 
Comptroller General is authorized by law to prescribe, and standard 
purchase specifications.
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    \1\ See 1983 Amendment note below.
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(b) Utilization by Federal agencies of supply catalog system and 
        standardized forms and procedures

    Each Federal agency shall utilize such uniformed Federal supply 
catalog system and standardized forms and procedures, and standard 
purchase specifications, except as the Administrator, taking into 
consideration efficiency, economy, and other interests of the 
Government, shall otherwise provide.

(c) Audit of property accounts by General Accounting Office

    The General Accounting Office shall audit all types of property 
accounts and transactions at such times and in such manner as determined 
by the Comptroller General. Such audit shall be conducted as far as 
practicable at the place or places where the property or records of the 
executive agencies are kept and shall include but not necessarily be 
limited to an evaluation of the effectiveness of internal controls and 
audits and a general audit of the discharge of accountability for 
Government-owned or controlled property based upon generally accepted 
principles of auditing.

(June 30, 1949, ch. 288, title II, Sec. 206, 63 Stat. 390; Aug. 10, 
1949, ch. 412, Sec. 12(a), (g), 63 Stat. 591; July 12, 1952, ch. 703, 
Sec. 1(k), 66 Stat. 593; 1970 Reorg. Plan No. 2, Sec. 102, eff. July 1, 
1970, 35 F.R. 7959, 84 Stat. 2085; Pub. L. 93-400, Sec. 15(3), Aug. 30, 
1974, 88 Stat. 800; Pub. L. 96-83, Sec. 10(a), Oct. 10, 1979, 93 Stat. 
652; Pub. L. 98-191, Secs. 8(d)(1), 9(a)(2), Dec. 1, 1983, 97 Stat. 
1331.)

                       References in Text

    The Office of Federal Procurement Policy Act, referred to in subsec. 
(a)(4), is Pub. L. 93-400, Aug. 30, 1974, 88 Stat. 796, as amended, 
which is classified principally to chapter 7 (Sec. 401 et seq.) of Title 
41, Public Contracts. For complete classification of this Act to the 
Code, see Short Title note set out under section 401 of Title 41 and 
Tables.

                          Codification

    In subsec. (a), ``Department of Defense'' substituted for ``National 
Military Establishment'' on authority of act Aug. 10, 1949, ch. 412, 
Sec. 12(a), (g), 63 Stat. 591.
    Section was formerly classified to section 236 of Title 41, Public 
Contracts.


                               Amendments

    1983--Subsec. (a)(4). Pub. L. 98-191 inserted ``and regulations'' 
after ``subject to policy directives'' and then substituted ``subject to 
regulations'' for ``subject to policy directives''. A literal execution 
of both amendments would have resulted in the phrase reading ``subject 
to regulations and regulations''.
    1979--Subsec. (a)(4). Pub. L. 96-83 substituted ``policy 
directives'' for ``regulations''.
    1974--Subsec. (a)(4). Pub. L. 93-400 substituted ``subject to 
regulations promulgated by the Administrator for Federal Procurement 
Policy pursuant to the Office of Federal Procurement Policy Act, to 
prescribe standardized'' for ``to prescribe standardized''.
    1952--Subsec. (b). Act July 12, 1952, inserted ``and standardized 
forms and procedures'' after ``system''.


                    Effective Date of 1979 Amendment

    Amendment by Pub. L. 96-83 effective Oct. 1, 1979, see section 12 of 
Pub. L. 96-83, set out as a note under section 401 of Title 41, Public 
Contracts.

                          Transfer of Functions

    Functions vested by law (including reorganization plan) in Bureau of 
the Budget or Director of Bureau of the Budget transferred to President 
of the United States by section 101 of Reorg. Plan No. 2 of 1970, eff. 
July 1, 1970, 35 F.R. 7959, 84 Stat. 2085, set out in the Appendix to 
Title 5, Government Organization and Employees. Section 102 of Reorg. 
Plan No. 2 of 1970, redesignated Bureau of the Budget as Office of 
Management and Budget.

                  Section Referred to in Other Sections

    This section is referred to in section 474 of this title.
