What part of the Federal Acquisition Regulation covers government property?
Subpart 45.4 – Title to Government Property Property that is leased by the Government and subsequently furnished to the contractor for use shall be considered Government-furnished property under the clause 52.245-1, Government Property.
What are types of government properties?
Government property can include residential, commercial, and industrial land, as well as other physical assets, such as machinery. Property may become government-owned property through normal purchases or if it is foreclosed on for failure to pay taxes, or for other reasons.
What are the two primary obligations of the government when delivering Government Furnished property?
For example, when furnishing Government property, the Government is ordinarily responsible for suitability of use, timely delivery, and replacement of defective Government property.
What is Part 52 of the FAR?
52.104 Procedures for modifying and completing provisions and clauses. 52.105 Procedures for using alternates. 52.106 [Reserved] 52.107 Provisions and clauses prescribed in Subpart 52.1.
Where in Acquisition Regulation would you find the policy on providing Government property to contractors?
The Government’s official policy is stated in section 45.102 of the Federal Acquisition Regulation (FAR). This section of the FAR states: Contractors are ordinarily required to furnish all property necessary to perform Government contracts. That Government requirements cannot otherwise be met.
Who is primarily responsible for determining the requirements for Government furnished property?
The Government has the fiduciary responsibility to account for all government property whether it is in the Government’s possession or furnished to a contractor. APSR dollar threshold mentioned at DoDI 5000.64 is not exclusive. For example, the DoD Component can record in its APSR GP valued at less than $5,000.
What is government property?
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.
What is public property and private property?
Public properties are land and buildings owned and directly managed by public authorities which are used for public purposes. Private properties are lands and buildings owned by individuals and corporations.
Who can hold a contractor liable for loss of Government property?
If a FIXED PRICE contract is awarded the contracting officer may require the contractor to be liable for the loss, damage, destruction, or theft of government property. The contracting officer would do this through the inclusion of the Alternate I to FAR 52.245-1—what is referred to as at “Full” risk of loss provision.
What is a provision in the FAR?
Provision: A written term or condition used only in SOLICITATIONs and applying only before contract award. FAR 52.101. Solicitation provisions are distinguished from CLAUSEs, which are terms and conditions in contracts.
What are mandatory FAR clauses?
If the clause is mandatory, the FAR requires the Prime to include the clause in its subcontracts, as prescribed by FAR. It is not clever for a subcontractor, during negotiations with the prime, to insist that the prime delete the clause from the subcontract.
What is far clause 52.245-1 government property?
FAR Clause | 52.245-1 Government Property. FAR 52.245-1 Government Property. Basic (Jan 2017) (Current) (i) 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.
Why was far 52.245-1 added to the final rule?
FAR 52.245-1 (b) (1): Two of the recommended additions to FAR 52.245-1 (b) (1) are incorporated into the final rule because they better explain the Government’s requirements for the contractor’s property management system. However, “a new” was not added because of the associated element related to “time.”
What does modification mean in Section 52 of the far?
“Modification,” as used in this subpart, means a minor change in the details of a provision or clause that is specifically authorized by the FAR and does not alter the substance of the provision or clause (see 52.104).
What are the requirements of the FAR clause?
(1) The Contractor shall have a system of internal controls to manage (control, use, preserve, protect, repair, and maintain) Government property in its possession. The system shall be adequate to satisfy the requirements of this clause. In doing so]