C.2.5.3 - Federal asset sales

Federal Asset Sales encompasses the activities associated with the acquisition, oversight, tracking, and sale of non-internal assets managed by the Federal Government with a commercial value and sold to the private sector.

The recommended security categorization for the Federal asset sales information type is as follows:

Security category

C.2.5.3 - Federal asset sales = {(confidentiality, Low), (integrity, Moderate), (availability, Low)}

Confidentiality Low

The confidentiality impact level is the effect of the unauthorized disclosure of Federal asset sales information on the ability of responsible agencies to properly and efficiently acquire, oversee, track, and sell non-internal assets managed by the Federal Government with a commercial value and sold to the private sector. The consequences of unauthorized disclosure of Federal asset sales information are generally dependent on the nature and value of the property being disposed. 32 Generally, Federal asset sales information is public. Most managed property would not be of sufficient individual value to occasion such an occurrence (bid rigging, etc.). Special Factors Affecting Confidentiality Impact Determination: Where unauthorized knowledge regarding the property being disposed of might lead to unfair advantage (i.e., ability to accurately bid on an auction lot to the detriment of other bidders), then the associated confidentiality impact assigned to Federal asset sales information might be moderate. Such an instance might arise if a disruption of the proper procedures could reasonably cause an adverse effect on future operations of the responsible agency, or if the agency's image, or individual reputations might be damaged. Recommended Confidentiality Impact Level: The provisional confidentiality impact level recommended for Federal asset sales information is low.

Integrity Moderate

The integrity impact level is based on the specific mission and the data supporting that mission, not on the time required to detect the modification or destruction of information. The consequences of unauthorized modification or destruction of Federal asset sale information is partially dependent on the type of property being managed and whether the data is time-critical. If the modified or destroyed information is substantive financial data, actions that are taken based on incomplete or false information could have serious adverse effects on individual financial actions. Unauthorized modification or destruction of information affecting external communications (e.g., web pages, solicitations for bid, official notices of disposition, etc.) may adversely affect the operations, image or reputation of an agency. However, the damage to the management mission would usually be of more immediate concern. The severity of the consequent integrity impact depends on the nature of the property but would be most likely be moderate. Recommended Integrity Impact Level: The provisional integrity impact level recommended for Federal asset sales information is moderate.

Availability Low

The availability impact level is based on the specific mission and the data supporting that mission, not on the time required to re-establish access to the Federal asset sale information. The missions supported by Federal asset sale information are generally tolerant of delay. Generally, the consequences of temporary inability to access solicitations for bid, official notices of disposition, etc., will be minimal. Recommended Availability Impact Level: The provisional availability impact level recommended for Federal asset sale information is low.