US Code

Public Law 119-73 (01/23/2026)

40 U.S.C. § 605

Payment of costs

(a)

Use of Acquisition Services Fund To Cover Costs .—

section 321 of this titlesection 602 of this titleThe Acquisition Services Fund provided for in is available for use by or under the direction and control of the Administrator of General Services to pay the costs of carrying out , including the cost of purchasing or renting motor vehicles and related equipment and supplies.
(b)

Setting Prices To Recover Costs.—

(1)

In general .—

section 602 of this titlesection 602 of this titleThe Administrator shall set prices for furnishing motor vehicles and related services under . Prices shall be set to recover, so far as practicable, all costs of carrying out .
(2)

Increment for replacement cost .—

section 321(f) of this titleIn the Administrator’s discretion, prices may include an increment for the estimated replacement cost of motor vehicles and related equipment and supplies. Notwithstanding , 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. 107–217116 Stat. 1123Pub. L. 109–313, § 3(h)(6)120 Stat. 1736(, , ; , , .)

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

605

40:491(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. 95–506, Oct. 24, 1978, 92 Stat. 1756.

Editorial Notes

Amendments

Pub. L. 109–313, § 3(h)(6)(A)2006—Subsec. (a). , substituted “Acquisition Services Fund” for “General Supply Fund” in heading and text.

Pub. L. 109–313, § 3(h)(6)(B)Subsec. (b)(2). , substituted “321(f)” for “321(f)(1)” and “Acquisition Services Fund” for “General Supply Fund”.

Statutory Notes and Related Subsidiaries

Effective Date of 2006 Amendment

Pub. L. 109–313section 6 of Pub. L. 109–313section 5316 of Title 5Amendment by effective 60 days after , see , set out as a note under , Government Organization and Employees.