41 CFR 102-33.200 - Must we periodically justify owning and operating Federal aircraft?
Yes, after you have held a Federal aircraft for five years, you must:
(a) Justify owning and operating the aircraft by reviewing your operations and establishing that you have a continuing need for the aircraft, using the procedures required in OMB Circular A-76 and OMB Circular A-11, Part 7, Appendix B, Budgetary treatment of lease-purchases and leases of capital assets; and
(b) Review the continuing need for each of your aircraft and the cost-effectiveness of your aircraft operations as directed by OMB Circulars A-11 and A-76, every five years.
Title 41 published on 01-Nov-2017 03:44
The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 41 CFR Part 102-33 after this date.