PUBLIC LAWS--CH. 288-JUNE 30, 1949 "Executlveagency." "Federal agency." "A dministrator. " "Property." "Excess property." " Foreign excess property. " TITLE III-PROCUBEMENT PROCEDURE Sec. 301. Declaration of purpose. Sec. 302. Application and procurement methods. Sec. 303. Advertising requirements. Sec. 304. Requirements of negotiated contracts. Sec. 305. Advance payments. Sec. 306 . Waiver of liquidated damages. Sec. 307. Administrative determinations and delegations. Sec. 308 . Statutes continued in effect. Sec. 309. Definitions. Sec. 310 . Statutes not applicable. TITLE IV-FOREIGN EXCESS PROPERTr Sec. 401. Disposal of foreign excess property. Sec. 402 . Methods and terms of disposal. Sec. 403 . Proceeds; foreign currencies. Sec. 404 . Miscellaneous provisions. TITLE V-GENERAL PBOVISIONS Sec. 501. Applicability of existing procedures. Sec. 502. Repeal and saving provisions. Sec. 503 . Authorization for appropriations. Sec. 504. Separability. Sec. 505 . Effective date. DECLARATION OF POLICY SEc. 2 . It is the intent of the Congress in enacting this legislation to provide for the Government an economical and efficient system for (a) the procurement and supply of personal property and nonpersonal services, including related functions such as contracting, inspection, storage, issue, specifications, property identification and classification, transportation and traffic management, management of public utility services, repairing and converting, establishment of inventory levels, establishment of forms and procedures, and representation before Federal and State regulatory bodies; (b) the utilization of available property; (c) the disposal of surplus property; and (d) records management. DEFINITIONS SEC. 3 . As used in this Act- (a) The term "executive agency" means any executive department or independent establishment in the executive branch of the Govern- ment, including any wholly owned Government corporation. (b) The term "Federal agency" means any executive agency or any establishment in the legislative or judicial branch of the Government (except the Senate and the House of Representatives). (c) The term "Administrator" means the Administrator of General Services provided for in title I hereof. (d) The term "property" means any interest in property of any kind except (1) the public domain and lands reserved or dedicated for national forest or national park purposes; and (2) naval vessels of the following categories: Battleships, cruisers, aircraft carriers, destroyers, and submarines. (e) The term "excess property" means any property under the con- trol of any Federal agency which is not required for its needs and the discharge of its responsibilities, as determined by the head thereof. (f) The term "foreign excess property" means any excess property located outside the continental United States, Hawaii, Alaska, Puerto Rico, and the Virgin Islands. 378 [63 STAT.
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