41 CFR 102-37.180

§ 102-37.180 Use of service charge funds.

United States · 41 CFR — Public Contracts and Property Management · Status: effective

Cite this

Citation: 41 CFR 102-37.180, § 102-37.180 Use of service charge funds, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/198105
Permanent ID: ys:prov:198105@1
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Full text

Funds accumulated from service charges may be deposited, invested, or used in accordance with State law to: (a) Cover direct and reasonable indirect costs of operating the SASP; (b) Purchase necessary equipment for the SASP; (c) Maintain a reasonable working capital reserve; (d) Rehabilitate surplus property, including the purchase of replacement parts; (e) Acquire or improve office or distribution center facilities; or (f) Pay for the costs of internal and external audits.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.