RAL SERVICES ADMINISTRATION ITEM NUMBER (c) CONDITION (d) NUMBER UNIT OF UNITS (e) (f) AGENCY CONTROL NUMBER ACQUISITION COST PER UNIT TOTAL (g) (h) FAIR VALUE PERCENTAGE (i) STANDARD FORM 120A (REV. 11/2016) Prescribed by GSA, FMR (41 CFR) 102-36.215.
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How to fill out the GSA SF 120A online
The GSA SF 120A is an essential form used for reporting excess personal property. This guide will provide you with a comprehensive, step-by-step approach to filling out this form online, ensuring that you understand each component and section clearly.
Follow the steps to complete the GSA SF 120A with ease.
- Click ‘Get Form’ button to obtain the form and open it in the editor.
- Begin by entering the reporting agency's name and address in the designated section at the top of the form. Ensure that the details are accurate and up-to-date.
- In the ‘Excess Property List’ section, you will need to continue listing any excess items. Fill out each field provided with the required information about the property. Make sure to include the fields labeled (a) through (i):
- In column (a), specify the Federal Supply Code (FSC) group for the item you are reporting.
- In column (b), provide a clear description of the item, including any relevant details that may help identify it.
- Column (c) requires you to enter the item number assigned to the property.
- For column (d), indicate the condition of the item. Common conditions may include new, used, or damaged.
- In column (e), specify the number of units of the item you are reporting.
- For column (f), enter the agency control number associated with the property.
- In column (g), indicate the acquisition cost per unit of the item listed.
- In column (h), compute the total acquisition cost by multiplying the number of units by the acquisition cost per unit.
- In column (i), provide the fair value percentage of the item based on its current market value.
- Once you have filled out all the necessary fields, review the entire form for accuracy.
- Finally, you can save your changes, download the completed form, print it for your records, or share it as needed.
Complete your documentation today by filling out the GSA SF 120A online.
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Get answers to your most pressing questions about US Legal Forms API.
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Generally, you will need to be in business for two years (unless you go through the Startup Springboard Program), sell your intended products and services commercially first, demonstrate past performance, and showcase your financial records among other requirements.
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