FAR and DFARS › FAR Part 4: Administrative and Information Matters › Subpart 4.7
FAR 4.705-3 Acquisition and supply records.
The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.
In plain English
This section lists how long contractors must keep various acquisition and supply records. Retention periods are 2 years for requisitions and 4 years for most other records such as work orders, equipment records, receiving and inspection reports, purchase order files, production records, and property records. Keeping these records for the stated periods matters because it supports accountability and contract performance documentation.
Applies to: Contractors maintaining acquisition and supply records
What it requires
- Retain requisitions for materials, supplies, equipment, and services for 2 years
- Retain work orders for maintenance and other services for 4 years
- Retain equipment records, expendable property records, receiving and inspection reports, purchase order files, production records, and property records for 4 years
Key terms: requisitions · work orders · equipment records · expendable property records · property records
Written by AI from this section's text. A guide, not legal advice: the text below rules.
The text
(a) Store requisitions for materials, supplies, equipment, and services: Retain 2 years.
(b) Work orders for maintenance and other services: Retain 4 years.
(c) Equipment records, consisting of equipment usage and status reports and equipment repair orders: Retain 4 years.
(d) Expendable property records, reflecting accountability for the receipt and use of material in the performance of a contract: Retain 4 years.
(e) Receiving and inspection report records, consisting of reports reflecting receipt and inspection of supplies, equipment, and materials: Retain 4 years.
(f) Purchase order files for supplies, equipment, material, or services used in the performance of a contract; supporting documentation and backup files including, but not limited to, invoices, and memoranda; e.g., memoranda of negotiations showing the principal elements of subcontract price negotiations (see 52.244-2): Retain 4 years.
(g) Production records of quality control, reliability, and inspection: Retain 4 years.
(h) Property records (see FAR 45.101 and 52.245-1): Retain 4 years.
← 4.705-2 Pay administration records. · 4.706 [Reserved] →
Rule changes for FAR Part 4
- Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 1, 2, 4, 33, 39, 40, and 53 ↗ · proposed 2026-06-23 · comments due 2026-07-23
- Federal Acquisition Regulation: Inflation Adjustment of Acquisition-Related Thresholds ↗ · final rule 2025-08-27 · effective 2025-10-01
- Federal Acquisition Regulation: Small Business Innovation Research and Technology Transfer Programs ↗ · proposed 2025-06-12
- Federal Acquisition Regulation: Controlled Unclassified Information ↗ · proposed 2025-01-15 · comments due 2025-03-17
- Federal Acquisition Regulation: Disclosure of Greenhouse Gas Emissions and Climate-Related Financial Risk ↗ · proposed 2025-01-13
- Federal Acquisition Regulation: Rerepresentation of Size and Socioeconomic Status ↗ · final rule 2025-01-03 · effective 2025-01-17
- Federal Acquisition Regulation: Prohibition on Unmanned Aircraft Systems From Covered Foreign Entities ↗ · final rule 2024-12-30
- Federal Acquisition Regulation: Inflation Adjustment of Acquisition-Related Thresholds ↗ · proposed 2024-11-29 · comments due 2025-01-28
Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.