1. LawStack
  2. Title 41 - Public Contracts and Property Management
  3. Subtitle F - FEDERAL TRAVEL REGULATION SYSTEM
  4. Chapter 302 - RELOCATION ALLOWANCES
  5. Subchapter E - RESIDENCE TRANSACTION ALLOWANCES
  6. Part 302-12 - USE OF A RELOCATION SERVICES COMPANY
  7. Subpart B - Agency's Use of a Relocation Services Company
  8. 41 CFR § 302-12.120
41 CFR § 302-12.120
Under a homesale program, may we direct the relocation services company to pay an employee more than the fair market value of his/her residence?
June 9, 2020
CFR

No, under a homesale program, you may not direct the relocation services company to pay an employee more than the fair market value (as determined by the residence appraisal process) of his/her home.

[FTR Amdt. 2011-01, 76 FR 18344, Apr. 1, 2011]

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§ 302-12.119 Under a homesale program, may we pay an employee for losses he/she incurs on the sale of a residence?
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§ 302-12.121 May we use a relocation services contract for services which we are contractually bound to obtain under another travel services contract?

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