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Form SF-120 Report of Excess Personal Property
What Is Form SF-120?
This is a legal form that was released by the U.S. General Services Administration on October 1, 2016 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form SF-120?A: Form SF-120 is a report used to document excess personal property.
Q: Who uses Form SF-120?A: Form SF-120 is used by federal agencies to report and document excess personal property.
Q: What is considered excess personal property?A: Excess personal property is property that a federal agency no longer needs or uses.
Q: Why is Form SF-120 important?A: Form SF-120 is important for tracking and managing excess personal property, ensuring efficient use and disposal.
Q: What happens to excess personal property after it is reported on Form SF-120?A: The GSA may determine the best course of action for the excess property, such as reassignment, sale, donation, or disposal.
Q: Are there any penalties for not properly reporting excess personal property?A: Failure to properly report excess personal property may result in penalties or sanctions for the federal agency.
Q: Can individuals or non-federal entities use Form SF-120?A: Form SF-120 is primarily for use by federal agencies, so individuals or non-federal entities may not typically use it.
Form Details:
- Released on October 1, 2016;
- The latest available edition released by the U.S. General Services Administration;
- Easy to use and ready to print;
- Yours to fill out and keep for your records;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form SF-120 by clicking the link below or browse more documents and templates provided by the U.S. General Services Administration.
