Code of Federal Regulations (Last Updated: April 5, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 1 - Federal Acquisition Regulation |
SubChapter G - Contract Management |
Part 45 - Government Property |
Subpart 45.6 - Reporting, Reutilization, and Disposal |
§ 45.600 - Scope of subpart.
Latest version.
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45.600 Scope of subpart.
This subpart establishes policies and procedures for the reporting, reutilization, and disposal of contractor inventory excess to contracts and of property that forms the basis of a claim against the Government (e.g., termination inventory under fixed-price contracts). This subpart does not apply to the disposal of real property or to property for which the Government has a lien or title solely as a result of advance, progress, or performance-based payments that have been liquidated.
[72 FR 27389, May 15, 2007]