![]() ![]() Government property includes both Government-furnished property and contractor-acquired property. Government property means all property owned or leased by the Government. Government-furnished property also includes contractor-acquired property if the contractor-acquired property is a deliverable under a cost contract when accepted by the Government for continued use under the contract. Government-furnished property includes, but is not limited to, spares and property furnished for repair, maintenance, overhaul, or modification. Government-furnished property means property in the possession of, or directly acquired by, the Government and subsequently furnished to the contractor for performance of a contract. Equipment does not include material, real property, special test equipment or special tooling. Equipment is not intended for sale, and does not ordinarily lose its identity or become a component part of another article when put into use. (3) A separate and complete major industrial operation.ĭemilitarization means rendering a product unusable for, and not restorable to, the purpose for which it was designed or is customarily used.ĭiscrepancies incident to shipment means any differences ( e.g., count or condition) between the items documented to have been shipped and items actually received.Įquipment means a tangible item that is functionally complete for its intended purpose, durable, nonexpendable, and needed for the performance of a contract. (2) All or substantially all of the contractor’s operation at any one plant or separate location or (1) All or substantially all of the contractor’s business (3) Government-furnished property that exceeds the amounts needed to complete full performance under the entire contract.Ĭontractor’s managerial personnel means the contractor’s directors, officers, managers, superintendents, or equivalent representatives who have supervision or direction of. (2) Any property that the Government is obligated or has the option to take over under any type of contract, e.g., as a result either of any changes in the specifications or plans thereunder or of the termination of the contract (or subcontract thereunder), before completion of the work, for the convenience or at the option of the Government and (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 ![]() Subpart 45.1 - General 45.101 Definitions.Ĭannibalize means to remove parts from Government property for use or for installation on other Government property.Ĭontractor-acquired property means property acquired, fabricated, or otherwise provided by the contractor for performing a contract and to which the Government has title. Items considered to be incidental to the place of performance include, for example, office space, desks, chairs, telephones, computers, and fax machines. (5) Government property that is incidental to the place of performance, when the contract requires contractor personnel to be located on a Government site or installation, and when the property used by the contractor within the location remains accountable to the Government. (4) Software and intellectual property or (2) Property to which the Government has acquired a lien or title solely because of partial, advance, progress, or performance based payments (1) Government property provided under any statutory leasing authority, except as to non-Government use of property under 45.301(f) (a) This part prescribes policies and procedures for providing Government property to contractors contractors’ management and use of Government property and reporting, redistributing, and disposing of contractor inventory.
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