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10139.40741 CFR Ch. 101 (7100 Editions)associated with the accident. It will be the responsibility of the using agency to collect accident costs from the contractor should the contractor be at fault.
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41 CFR 101 refers to a section of the Code of Federal Regulations that outlines regulations related to federal property management, including the acquisition and disposal of government property.
Federal agencies and certain organizations that manage or utilize federal property are required to file 41 CFR 101.
To fill out 41 CFR 101, entities must complete the required forms provided by the federal agency overseeing property management and submit the necessary documentation as outlined in the regulations.
The purpose of 41 CFR 101 is to establish guidelines for the management of federal property, ensuring accountability and proper utilization of government resources.
Information that must be reported includes the asset description, location, value, status, and any relevant changes regarding the property management.
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