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Code of Federal Regulations Title 41. Public Contracts and Property Management § 41.102–34.260 May we replace a Government-owned motor vehicle sooner?

Current as of January 02, 2025 | Updated by Findlaw Staff

Yes. You may replace a Government-owned motor vehicle if it needs body or mechanical repairs that exceed the fair market value of the motor vehicle. Determine the fair market value by adding the current market value of the motor vehicle plus any capitalized motor vehicle additions (such as a utility body or liftgate) or repairs. Your agency head or designee must review the replacement in advance.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 41. Public Contracts and Property Management § 41.102–34.260 May we replace a Government-owned motor vehicle sooner? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-41-public-contracts-and-property-management/cfr-sect-41-102-34-260/

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