PUBLIC LAW 107-217—AUG. 21, 2002 116 STAT. 1089 any property for which any part of the consideration is real property. (B) EXCEPTION. —An explanatory statement is not required for a disposal of personal property under subsection (d), or for a disposal of real or personal property authorized by any other law to be made without advertising. (2) TRANSMITTAL TO CONGRESS. —The explanatory statement shall be transmitted to the appropriate committees of Congress in advance of the disposal, and a copy of the statement shall be preserved in the files of the executive agency making the disposal. (3) LISTING IN REPORT.— A report of the Administrator under section 126 of this title must include a listing and description of any negotiated disposals of surplus property having an estimated feiir market value of more than $15,000, in the case of real property, or $5,000, in the case of any other property, other than disposals for which an explanatory statement has been transmitted under this subsection. (f) APPLICABILITY OF OTHER LAW.— Section 3709 of the Revised Statutes (41 U.S.C. 5) does not apply to a disposed or contract for disposal made under this section. § 546. Contractor inventories Subject to regulations of the Administrator of General Services, an executive agency may authorize a contractor or subcontractor with the agency ^o retain or dispose of contractor inventory. § 547. Agricultural commodities, foods, and cotton or woolen goods (a) POLICIES.— The Administrator of General Services shall consult with the Secretary of Agriculture to formulate policies for the disposal of surplus agricultural commodities, surplus foods processed from agricultural commodities, and surplus cotton or woolen goods. The policies shall be formulated to prevent surplus agricultural commodities, or surplus foods processed from agricultural commodities, from being dumped on the market in a disorderly manner and disrupting the market prices for agricultural commodities. (b) TRANSFERS TO DEPARTMENT OF AGRICULTURE.— (1) IN GENERAL.—The Administrator shall transfer without charge to the Department of Agriculture any surplus agricultural commodities, foods, and cotton or woolen goods for disposal, when the Secretary determines that a transfer is necessary for the Secretary to carry out responsibilities for price support or stabilization. (2) DEPOSIT OF RECEIPTS.— Receipts resulting from disposal by the Depsirtment under this subsection shall be deposited pursuant to any authority available to the Secretsiry. When applicable, however, net proceeds from the sale of surplus property transferred under this subsection shall be credited pursuant to section 572(a) of this title. (3) LIMITATION OF SALES.— Surplus farm commodities transferred under this subsection may not be sold, other than for export, in quantities exceeding, or at prices less than, the applicable quantities and prices for sales of those commodities by the Commodity Credit Corporation.
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