Federal Travel Regulation; Home Marketing Incentive Payments

Zusammenfassung

This final rule amends the Federal Travel Regulation (FTR) to allow an agency to pay a home marketing incentive to a transferred employee who uses the agency s homesale program provided by a relocation services company under contract with the Government and who independently and aggressively markets, and finds a bona fide buyer for, his/her residence resulting in significantly lower fee/expense payments the agency must make to the relocation services company. This amendment will save the Government money through reduced payments to relocation services companies and will increase employee satisfaction with the relocation process.