Title 40 › SUBTITLE I — FEDERAL PROPERTY AND ADMINISTRATIVE SERVICES › CHAPTER 5 — PROPERTY MANAGEMENT › SUBCHAPTER V — OPERATION OF BUILDINGS AND RELATED ACTIVITIES › § 588
When an agency moves from one controlled space to another, the Administrator of General Services decides if the agency’s current furniture should be moved or if it would be cheaper and more efficient to give new furniture instead. Controlled space — a large, identifiable part of a building (like a building, floor, or wing) that GSA assigns. If the Administrator does not approve moving the old furniture, suitable furniture for the new space will come from either the agency’s own stocks or GSA stocks, whichever the Administrator finds more economical. If GSA stocks are used, those items stay under GSA control. The agency’s old furniture then becomes GSA property without payment, except the GSA must pay a trust fund the fair market value if the items were bought with a trust fund. If the items were assets of a revolving or working capital fund, their net book value is written off and the fund’s capital is reduced by that amount.
Full Legal Text
Public Buildings, Property, and Works, Source: USLM XML via OLRC
Legislative History
Reference
Citation
40 U.S.C. § 588
Title 40, Public Buildings, Property, and Works
Last Updated
Sep 22, 2026
Release point: 119-110