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12 Νοε 2024 · Government property means all property owned or leased by the Government. Government property includes both Government- furnished and Contractor-acquired property . Government property includes material , equipment , special tooling , special test equipment , and real property .
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
(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.
The Government Property clause at Federal Acquisition Regulation (FAR) 52.245-1 requires contractors to create and maintain formal records of all Government property accountable to the contract, including Government-furnished property (GFP) and Contractor-acquired property (CAP).
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. ...
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
(1)(i) In lieu of the prescription at FAR 45.107(d), use the clause at FAR 52.245-1, Government Property, in all purchase orders for repair, maintenance, overhaul, or modification of Government property regardless of the unit acquisition cost of the items to be repaired.
