1260.0200 Definitions


Published: 2015

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1260.0200 DEFINITIONS.


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Subpart 1.

Scope.

As used in parts 1260.0100 to 1260.0900, the following terms shall have the meanings given them.


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Subp. 2.

Acquisition cost.

"Acquisition cost" means original purchase price of property paid by the federal government.


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Subp. 3.

Donee.

"Donee" means public agency or nongovernmental organization qualified or authorized to acquire federal surplus property as provided in part 1260.0300.


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Subp. 4.

FPMR.

"FPMR" means federal property management regulations.


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Subp. 5.

FSP activity.

"FSP activity" means the Minnesota Federal Surplus Property Section, 5420 Highway 8, Arden Hills, Minnesota 55112.


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Subp. 6.

Utilization restriction.

"Utilization restriction" means restrictions on the use and disposition of federal surplus property, including required use for one or more public purposes and nondisposal restrictions for stated period of time, as required pursuant to federal and state law, and rules and regulations promulgated pursuant thereto.


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Subp. 7.

Federal surplus property utilization and sales coordinator.

"Federal surplus property utilization and sales coordinator" means FSP activity person designated to audit the utilization of federal surplus property acquired by donees and to coordinate sales of property that has no further utility value.


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Subp. 8.

General Services Administration.

"General Services Administration" means the federal agency responsible for the transfer of federal surplus personal property.