41 CFR 102-42.45
§ 102-42.45 Appraisal responsibilities.
United States · 41 CFR — Public Contracts and Property Management · Status: effective
Cite this
- Citation
- 41 CFR 102-42.45, § 102-42.45 Appraisal responsibilities, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/198249
- Permanent ID
ys:prov:198249@1- SHA-256
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Full text
The employing agency is responsible for establishing its own procedure for obtaining an appraisal that accurately reflects the gift's value within the United States. This requirement applies to all gifts, including those the recipient wishes to retain and/or purchase, and also includes personalized items (e.g., books signed by the author, gifts with personal labels).
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.