Excess and Surplus Real Property

1.    Purpose

This order issues and transmits a revised HB, Excess and Surplus Real Property. 

2.    Cancellations

PRM P 4000.1A and the following instructional letters are canceled: 

Date 
Issued        Number        Subject 

06/17/91        PRM IL 91-07        Use of Credit Terms in  Sales  of Surplus Government-owned Real Property

03/19/93        PRM IL 93-01        Extensions for Homeless Applicant 

04/14/93        PRM IL 93-02        Screening Based on Highest and Best Use Classification 

09/03/93        PRM IL 93-03        Authority to Approve Awards of Less than the Appraised Fair Market Value 

10/26/93        PRM IL  94-01        Waiver of Federal  Screening  and Approval of Disposal Plans 

04/06/94        PRM IL  94-02        Review of Disposal Plan for Negotiated Sales 

3.    Nature of revision

This  revised HB is consistent with the President's Executive Order 12861 that requires reduction of internal regulations by 50 percent to improve productivity, streamline operations, and improve customer service.  The HB has been reduced, simplified and reconfigured to make it easy-to-use.  In addition, the HB incorporates recent guidance from instructional letters and updated references.