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LegalText 40 U.S.C. § 605 Payment of costs us united_states_code code_section 40 PUBLIC BUILDINGS, PROPERTY, AND WORKS 5 PROPERTY MANAGEMENT 605 40 U.S.C. § 605 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc40@119-100.zip /us/usc/t40/s605 data/legal/raw/us/code/title-40/usc40.xml fe6295f3743b055f9d9d7581333c05b2965aee2b8540d7c86de6d6fd5229dd2a 9e671d5f37f9148634c9ba568a4c16d4864b567130b66bcf607f680414560a29 1af9638171c76e96c69b757abfe8c04f9adfa7b4b911a7192f73299e700fc4cc 2026-07-04 official
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40 U.S.C. § 605 - Payment of costs

Text

(a) Use of Acquisition Services Fund To Cover Costs.— The Acquisition Services Fund provided for in section 321 of this title is available for use by or under the direction and control of the Administrator of General Services to pay the costs of carrying out section 602 of this title, including the cost of purchasing or renting motor vehicles and related equipment and supplies.

(b) Setting Prices To Recover Costs.— (1) In general.— The Administrator shall set prices for furnishing motor vehicles and related services under section 602 of this title. Prices shall be set to recover, so far as practicable, all costs of carrying out section 602 of this title.

(2) Increment for replacement cost.— In the Administrators discretion, prices may include an increment for the estimated replacement cost of motor vehicles and related equipment and supplies. Notwithstanding section 321(f) of this title, the increment may be retained as a part of the capital of the Acquisition Services Fund but is available only to replace motor vehicles and related equipment and supplies.

(c) Accounting Method.— The purchase price of motor vehicles and related equipment, and any increment for estimated replacement cost, shall be recovered only through charges for the cost of amortization. Costs shall be determined, and financial reports prepared, in accordance with the accrual accounting method.

(Pub. L. 107217, Aug. 21, 2002, 116 Stat. 1123; Pub. L. 109313, § 3(h)(6), Oct. 6, 2006, 120 Stat. 1736.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 60540:491(d).June 30, 1949, ch. 288, title II, § 211(d), as added Sept. 5, 1950, ch. 849, § 5(c), 64 Stat. 583; Sept. 1, 1954, ch. 1211, § 2, 68 Stat. 1127; Pub. L. 95506, Oct. 24, 1978, 92 Stat. 1756.

Editorial Notes

Amendments2006—Subsec. (a). Pub. L. 109313, § 3(h)(6)(A), substituted “Acquisition Services Fund” for “General Supply Fund” in heading and text. Subsec. (b)(2). Pub. L. 109313, § 3(h)(6)(B), substituted “321(f)” for “321(f)(1)” and “Acquisition Services Fund” for “General Supply Fund”.

Statutory Notes and Related Subsidiaries

Effective Date of 2006 AmendmentAmendment by Pub. L. 109313 effective 60 days after Oct. 6, 2006, see section 6 of Pub. L. 109313, set out as a note under section 5316 of Title 5, Government Organization and Employees.