1. LawStack
  2. Title 41 - Public Contracts and Property Management
  3. Subtitle C - FEDERAL PROPERTY MANAGEMENT REGULATIONS SYSTEM
  4. Chapter 102 - FEDERAL MANAGEMENT REGULATION
  5. Subchapter B - PERSONAL PROPERTY
  6. Part 102-38 - SALE OF PERSONAL PROPERTY
  7. Subpart B - Sales Process
  8. Topic - Offer to Sell
  9. 41 CFR § 102-38.165
41 CFR § 102-38.165
Are the terms and conditions in the offer to sell binding?
June 9, 2020
CFR

Yes, the terms and conditions in the offer to sell are normally incorporated into the sales contract, and therefore binding upon both the buyer and the seller once a bid is accepted.

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§ 102-38.160 What must be included in the offer to sell?

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