10 CFR 770.8
§ 770.8 May DOE transfer real property at defense nuclear facilities for economic development at less than fair market value?
United States · 10 CFR — Energy · Status: effective
Cite this
- Citation
- 10 CFR 770.8, § 770.8 May DOE transfer real property at defense nuclear facilities for economic development at less than fair market value?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/40625
- Permanent ID
ys:prov:40625@1- SHA-256
1d4f213bf3092fb97923f3689618b0111f38af8588fe5b705a53ba7b0bee7b1d
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
DOE generally attempts to obtain fair market value for real property transferred for economic development, but DOE may agree to sell or lease such property for less than fair market value if the statutory transfer authority used imposes no market value restriction, and:
(a) The real property requires considerable infrastructure improvements to make it economically viable, or
(b) A conveyance at less than market value would, in the DOE's judgment, further the public policy objectives of the laws governing the downsizing of defense nuclear facilities.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.