What FAR Part 45 - Government Property (Contractor Stewardship of Government-Furnished and Contractor-Acquired Property) requires
Federal Acquisition Regulation (FAR) Part 45 governs Government property in the contractor's possession including Government-furnished property (GFP) provided to the contractor and contractor-acquired property (CAP) titled to the Government: Subpart 45.1 (General) provides definitions and establishes the policy at 45.102 that contracting officers shall provide Government property only when clearly demonstrated to be in the Government's best interest and the overall benefit significantly outweighs increased administration cost; 45.103 requires contractors to use Government property already in their possession to the maximum extent practical and eliminate competitive advantage; 45.104 establishes that contractors are generally not liable for loss of Government property under cost-reimbursement, time-and-materials, or labor-hour contracts unless the contracting officer revokes the assumption of risk due to non-compliant property management practices; 45.106 governs transferring accountability between contracts requiring firm requirements and documentation; 45.107 prescribes the mandatory clause FAR 52.245-1 (Government Property) inserted in solicitations involving GFP or CAP; Subpart 45.2 governs solicitation and contract requirements including item descriptions, quantities, unit acquisition costs, and as-is condition disclosure; the contractor's property management system must be compliant under voluntary consensus standards (typically ASTM E2132 or similar) and is subject to property management system reviews. The clause flows down to subcontractors and applies through contract closeout.
Pillar: Public Sector & Government Procurement · Authority: Federal Acquisition Regulatory Council (DOD, GSA, NASA) issuing the Federal Acquisition Regulation under 41 USC 1303 and 48 CFR Chapter 1; voluntary consensus standards under National Technology Transfer and Advancement Act at 15 USC 272 note · Version: 1.0.0 · Last updated:
Primary source: https://www.acquisition.gov/far/part-45
SHA-256 integrity: 4f2394e67134788ed4b90f02cd710a541bbd002485e1177e9a8d5e16c3976301
Primary Citations — 6 traced to source
- FAR Part 45 Section 45.102 (Policy): 'Contractors are ordinarily required to furnish all property necessary to perform Government contracts. Contracting officers shall provide property to contractors only when it is clearly demonstrated (1) To be in the Government's best interest; (2) That the overall benefit to the acquisition significantly outweighs the increased cost of administration, including ultimate property disposal; (3) That providing the property does not substantially increase the Government's assumption of risk; and (4) That Government requirements cannot otherwise be met.'
- FAR Part 45 Section 45.103(b) (Responsibility and liability): 'The contractor is responsible and accountable for all Government property under its possession or control or in transit, except for property as may be specifically excluded by the terms of the contract' - flow-down to subcontractors required for full Government property accountability throughout the supply chain.
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