# Federal Management Regulation; Motor Vehicle Management
**AGENCY:**
Office of Governmentwide Policy (MTV), GSA
**ACTION:**
Notice of a bulletin.
**SUMMARY:**
The attached bulletin reminds Fleet programs of Federal agencies that when replacing agency-owned vehicles under the Exchange/Sale provisions of the Federal Management Regulation (FMR), sale proceeds are retainable as provided under and in compliance with those provisions for purchasing replacement vehicles. As a source of funding for replacement vehicles additional to other Fleet program funding, the availability of sale proceeds should not be overlooked.
**EFFECTIVE DATE:**
This bulletin is effective *October 22, 2004.*
**FOR FURTHER INFORMATION CONTACT:**
Myles Schulberg, General Services Administration, Office of Governmentwide Policy (MTV), Washington, DC 20405; e-mail, *[email protected]* , telephone (202) 208-7642.
**SUPPLEMENTARY INFORMATION:**
Briefings by some agencies on their Fleet program to the General Services Administration Vehicle Management Policy Division have lacked assurance that the Fleet program, when replacing agency-owned vehicles, under the Exchange/Sale provision of the FMR, has been retaining the sale proceeds, as prescribed in 41 CFR part 102-39, for purchasing replacement vehicles.
Dated: October 22, 2004.
G. MARTIN WAGNER,
Associate Administrator,Office of Governmentwide Policy.
**GENERAL SERVICES ADMINISTRATION**
**[FMR Bulletin 2004-B6]**
**Federal Management Regulation; Motor Vehicle Management**
TO: Heads of Federal agencies
SUBJECT: Proceeds from Sale of Agency-Owned Vehicles
1. *What is the purpose of this bulletin?* This bulletin is a reminder for the Fleet programs of Federal agencies that when replacing agency-owned vehicles under the Exchange/Sale provisions of the Federal Management Regulation (FMR), sale proceeds are retainable as provided under and in compliance with those provisions for purchasing replacement vehicles.
2. *What is the effective date of this bulletin?* This bulletin is effective October 22, 2004.
3. *When does this bulletin expire?* This bulletin will remain in effect until specifically cancelled.
4. *What is the background?* Briefings by some agencies on their Fleet program to the General Services Administration Vehicle Management Policy Division have lacked assurance that when replacing agency-owned vehicles under the Exchange/Sale provisions of the FMR, the Fleet program has been retaining the sale proceeds as prescribed in 41 CFR part 102-39, for purchasing replacement vehicles. As a source of funding for replacement vehicles additional to other Fleet program funding, the availability of sale proceeds should not be overlooked.
5. *What must I do as a result of this bulletin?* Within the Federal agencies, when replacing agency-owned vehicles under the Exchange/Sale provisions of the FMR, Fleet and Finance programs need work together to ensure retention of sale proceeds as prescribed in 41 CFR part 102-39, for replacement vehicles.
6. * Who should we contact for further information and/or to direct comments regarding proceeds from sale of agency-owned vehicles? *
General Services Administration,Office of Governmentwide Policy,Vehicle Management Policy Division (MTV),Washington, DC 20405,Telephone Number: 202-501-1777,E-mail Address: *[email protected].*