# 41 C.F.R. § 102-38.40 (2026): Negotiated sales conditions

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T41_P102_38_S102_38_40

## Section

- **Citation:** 41 C.F.R. § 102-38.40 (2026)
- **Heading:** Negotiated sales conditions
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 41 CFR: Public Contracts and Property Management / Chapter 102: FEDERAL MANAGEMENT REGULATION / Part 102-38: 38—SALE OF PERSONAL PROPERTY / Subpart B: Sales Process / § 102-38.40: § 102-38.40   Negotiated sales conditions.

## Text

You may negotiate sales of personal property when:
(a) The personal property has an estimated fair market value that does not exceed $15,000;
(b) The disposal will be to a state, territory, possession, political subdivision, or tax-supported agency, and the estimated fair market value of the property and other satisfactory terms of disposal are obtained by negotiation;
(c) Bid prices after advertising are not reasonable and re-advertising would serve no useful purpose;
(d) Public exigency does not permit any delay;
(e) The sale promotes public health, safety, or national security;
(f) The sale is in the public interest under a national emergency declared by the President or Congress. This authority may be used only with specific lot(s) of property or for categories determined by GSA for a designated period but not more than three months; or
(g) Selling the property competitively would have an adverse impact on the national economy, provided that the estimated fair market value of the property and other satisfactory terms of disposal can be obtained by negotiation.

## Nearby sections

- [41 C.F.R. § 102-38.30 (2026) § 102-38.30   Sales process.](https://www.frixlaw.com/law-library/statutes/CFR_T41_P102_38_S102_38_30.md)
- [41 C.F.R. § 102-38.35 (2026) § 102-38.35   Sales methods.](https://www.frixlaw.com/law-library/statutes/CFR_T41_P102_38_S102_38_35.md)
- [41 C.F.R. § 102-38.40 (2026) § 102-38.40   Negotiated sales conditions.](https://www.frixlaw.com/law-library/statutes/CFR_T41_P102_38_S102_38_40.md)
- [41 C.F.R. § 102-38.45 (2026) § 102-38.45   Negotiated sales reporting requirements.](https://www.frixlaw.com/law-library/statutes/CFR_T41_P102_38_S102_38_45.md)
- [41 C.F.R. § 102-38.50 (2026) § 102-38.50   Negotiated sales at fixed prices.](https://www.frixlaw.com/law-library/statutes/CFR_T41_P102_38_S102_38_50.md)
- [41 C.F.R. § 102-38.55 (2026) § 102-38.55   Fixed priced sales to State agencies.](https://www.frixlaw.com/law-library/statutes/CFR_T41_P102_38_S102_38_55.md)
- [41 C.F.R. § 102-38.60 (2026) § 102-38.60   Public notice and advertising.](https://www.frixlaw.com/law-library/statutes/CFR_T41_P102_38_S102_38_60.md)
- [41 C.F.R. § 102-38.65 (2026) § 102-38.65   Inspections.](https://www.frixlaw.com/law-library/statutes/CFR_T41_P102_38_S102_38_65.md)
- [41 C.F.R. § 102-38.70 (2026) § 102-38.70   Requirements.](https://www.frixlaw.com/law-library/statutes/CFR_T41_P102_38_S102_38_70.md)
- [41 C.F.R. § 102-38.75 (2026) § 102-38.75   Binding terms and conditions.](https://www.frixlaw.com/law-library/statutes/CFR_T41_P102_38_S102_38_75.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T41_P102_38_S102_38_40. Check the current official text before relying on it. Not legal advice.