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.
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:
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.