41 CFR § 102-39.25 - Conditions.
---
identifier: "/us/cfr/t41/s102-39.25"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "41 CFR § 102-39.25 - Conditions."
title_number: 41
title_name: "Public Contracts and Property Management"
section_number: "102-39.25"
section_name: "Conditions."
chapter_number: 102
chapter_name: "FEDERAL MANAGEMENT REGULATION"
subchapter_number: "B"
subchapter_name: "PERSONAL PROPERTY"
part_number: "102-39"
part_name: "39—REPLACEMENT OF PERSONAL PROPERTY PURSUANT TO THE EXCHANGE/SALE AUTHORITY"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "40 U.S.C. 121(c); 40 U.S.C. 503."
regulatory_source: "90 FR 58456, Dec. 16, 2025, unless otherwise noted."
cfr_part: "102-39"
---
# 102-39.25 Conditions.
You may use the exchange/sale authority if:
(a) The property exchanged or sold is similar to the property acquired;
(b) The property exchanged or sold is not excess or surplus and you have a continuing need for similar property;
(c) The property exchanged or sold was not acquired for the principal purpose of exchange or sale;
(d) When replacing personal property, the exchange allowance or sales proceeds from the disposition of that property may only be used to offset the cost of the replacement property, not services; and
(e) When replacing personal property by sale, you must use the methods, terms, and conditions of sale, and the forms prescribed in part 102-38 of this subchapter.