Meaning SURPLUS PROPERTY
What does SURPLUS PROPERTY mean? Here you find 3 meanings of the word SURPLUS PROPERTY. You can also add a definition of SURPLUS PROPERTY yourself
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SURPLUS PROPERTYAny excess personal property not required for the needs and the discharge of the responsibilities of all federal agencies as determined by the General Services Administration (GSA).
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SURPLUS PROPERTYProperty in excess of the needs of an organization and not required for its foreseeable use. Surplus may be used or new, but it possesses some usefulness for the purpose it was intended or for some ot [..]
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SURPLUS PROPERTYThe term surplus property means “excess property that the Administrator determines is not required to meet the needs or responsibilities of all federal agencies.”(40 USCS § 102)
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