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  1. 12 Νοε 2024 · (1) Any property acquired by and in the possession of a Contractor or subcontractor under a contract for which title is vested in the Government and which exceeds the amounts needed to complete full performance under the entire contract;

  2. When to Use Property Clause FAR 52.245-1 20 FAR 52.245-1 is required for: » All cost reimbursement and time -and-material type solicitations and contracts, and labor- hour solicitations when property is expected to be furnished for the labor- hour contracts (CAP) » Fixed-price solicitations and contracts when the Government

  3. (1) Contractors shall establish and implement property management plans, systems, and procedures at the contract, program, site or entity level to enable the following outcomes: (i) Acquisition of Property.

  4. 28 Ιουλ 2011 · contractor’s acquisition of property is regulated by FAR 52.245-1, Government Property; the applicable Cost Accounting Standards; and FAR 52.216-7, Allowa- ble Cost and Payment.

  5. 1 Οκτ 2020 · of the contract clause at Federal Acquisition Regulation 52.245-1.” FAR 52.245-1(f) thus imposes the criteria for a contractor property management system that provides for effective and efficient management and control of Government property. The ACO, DACO, or CACO will

  6. ance with paragraph (k) of FAR clause 52.222–55. ance under the entire contract; (xvii) 52.222–62, Paid Sick Leave Under Ex-ecutive Order 13706 (JAN 2022) (E.O. 13706), if flow down is required in accordance withunder any type of contract, paragraph (m) of FAR clause 52.222–62. either of any changes in the specifications or (xviii)(A) 52. ...

  7. FAR 52.245-1(a) Loss of Government property includes, but is not limited to— (1) Items that cannot be found after a reasonable search; (2) Theft; (3) Damage resulting in unexpected harm to property requiring repair to restore the item to usable condition; or (4) Destruction resulting from incidents that render the item

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