Rules in the April 27 Federal Register broaden the definition of what type of equipment qualifies for such transactions. Image: photo-denver/Shutterstock.com
By: FEDweek StaffThe GSA has finalized rules changes designed to increase the use by agencies of the “exchange/sale” authority, under which agencies can swap out used property such as computers, office equipment and vehicles and apply the value toward new versions.
In that program—distinct from policies regarding surplus property since agencies have an ongoing need for it—such property either is traded in to the manufacturer with a credit toward the purchase of replacement or is sold with the proceeds being applied for that purpose.
Among other things, the rules in the April 27 Federal Register broaden the definition of what type of equipment qualifies for such transactions; remove some items from a list of those prohibited; and clarify that the exchange or sale may occur after the receipt of the replacement property.
The changes follow a 2018 GAO report calling for more use of the authority, which amounted to just $2.8 billion in value government-wide over a five-year period out of some $1 trillion in such property in the government’s hands. More than half of such transactions were by the GSA itself, with DHS, Agriculture, DoD and Interior accounting for almost all the rest.
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