Amended Procedural Guidance for PBS Exchanges of Real Property

GENERAL SERVICES ADMINISTRATION

                Washington, DC  20405
 

                                                                                                                                                                                                   PBS 4065.1

                                                                                                                                                                                          December 7, 2017

GSA ORDER

SUBJECT:  Amended Procedural Guidance for PBS Exchanges of Real Property (Full PDF Format)

1.  Purpose. 

      a.  Create new procedural guidance that combines Commissioner Peck’s 1997 Exchange Guidance and the 2014 Procedural Guidance on Section 412 Exchanges for In-Kind Consideration into one comprehensive, single-source policy and procedures document that supersedes and replaces all prior exchange guidance.

      b.  Incorporate recommendations from the Inspector General’s February 2017 audit into this new procedural guidance to improve the PBS exchange process and maximize its resources.

                                  SUBJECT:  Amended Procedural Guidance for PBS Exchanges of Real Property (Full PDF Format)