Government property far clause
WebMar 16, 2024 · (1) The use of the property is in the national interest; (2) The property will not be used for the direct benefit of a profit-making organization; and (3) The Government receives some direct benefit, such as rights to use the results of … Web52.245–1 Government Property. As prescribed in 45.107(a), insert the following clause: GOVERNMENT PROPERTY (APR 2012) (a) Definitions. As used in this clause— Cannibalize means to remove parts from Government property for use or for installa-tion on other Government property. Contractor-acquired property means prop-
Government property far clause
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WebGovernment property is defined in the clause at FAR 52.245-1, Government Property. Loss of Government property means unintended, unforeseen, or accidental loss, damage, or destruction of Government property that reduces the Government's expected economic benefits of the property. WebMar 16, 2024 · 45.107. Contract clauses. (a) (1) Except as provided in paragraph (d) of this section, the contracting officer shall insert the clause at 52.245-1, Government …
WebThe term “Government Property” as used in the Government property clause (FAR 52.245-1 January 2024) describes property and assets that may be provided to a … WebJan 1, 2004 · Upon acceptance by the Government, contractor-acquired property becomes Government-furnished property. “Government-furnished property” has the meaning …
WebJul 9, 1997 · This Government property is furnished under FAR 52.245-1, Government Property, and remains accountable to the contractor during its use on the contract. This Government property is not subject to the clause at 1852.245-71, Installation - Accountable Government Property. WebThe Contractor shall include the requirements of this clause in all subcontracts under which Government property is acquired or furnished for subcontract performance. (A) The …
WebMar 16, 2024 · Part 45 - Government Property Part 46 - Quality Assurance Part 47 - Transportation Part 48 - Value Engineering Part 49 - Termination of Contracts Part 50 - …
WebThe most commonly known clause associated with risk of loss or damage of property and liability is the Government Property clause at FAR 52.245-1. The other FAR clauses … bouncy balls slotsWeb(1) Except as provided in paragraph (d) of this section, the contracting officer shall insert the clause at 52.245-1, Government Property, in- (i) All cost-reimbursement and time-and … guards chant in wizard of ozbouncy balls volume monitorWebThe clause at 52.227-22, Major System-Minimum Rights, is used in addition to the clause at 52.227-14, Rights in Data-General, and other required clauses, to ensure that the … bouncy balls says shhWeb52.202-1 Definitions. 52.203 [Reserved] 52.203-1 [Reserved] 52.203-2 Certificate of Independent Price Determination. 52.203-3 Gratuities. 52.203-4 [Reserved] 52.203-5 Covenant Against Contingent Fees. 52.203-6 Restrictions on Subcontractor Sales to the Government. 52.203-7 Anti-Kickback Procedures. bouncy balls you sit onWebJan 6, 2024 · For example, when it comes to government property, Federal Acquisition Regulation (FAR) 52.245-1 requires contractors to “… include the requirements of this clause in all subcontracts under which Government property is acquired or furnished for subcontract performance” (FAR 52.245-1 (b) (3)). guards chamber breath of the wildWebMay 7, 2024 · For example, the Government Property clause, FAR 52.245-1 requires contractors to: 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. . . . bouncy balls sound level