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48 CFR · Federal Acquisition Regulation and Defense supplement

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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.

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67 sections with “Government inventory”: the first 40

  • FAR 32.202-4 Security for Government financing.
    (a) Policy. (1) 10 U.S.C. 3805and 41 U.S.C. 4505 require the Government to obtain adequate security for Government financing. The contracting officer shall specify in the solicitation the type of security the Government will accept. If the …
  • FAR 32.503-15 Application of Government title terms.
    (a) Property to which the Government obtains title by operation of the Progress Payments clause solely is not, as a consequence, Government-furnished property. (b) Although property title is vested in the Government under the Progress Paym…
  • FAR 45.602-1 Inventory disposal schedules.
    …ent. (c) The contractor may request the plant clearance officer's approval to remove the Government property from an inventory schedule. (1) Plant clearance officers should approve removal of Government property from an inventory schedule…
  • FAR 52.245-1 Government Property.
    As prescribed in 45.107(a), insert the following clause: Government Property (SEP 2021) (a) Definitions. As used in this clause— Cannibalize means to remove parts from Government property for use or for installation on other Government p…
  • FAR 52.249-2 Termination for Convenience of the Government (Fixed-Price).
    …ibed in 49.502(b)(1)(i), insert the following clause: Termination for Convenience of the Government (Fixed-Price) (APR 2012) (a) The Government may terminate performance of work under this contract in whole or, from time to time, in part …
  • FAR 52.249-3 Termination for Convenience of the Government (Dismantling, Demolition, or Removal of Improvements).
    …scribed in 49.502(b)(2), insert the following clause: Termination for Convenience of the Government (Dismantling, Demolition, or Removal of Improvements) (APR 2012) (a) The Government may terminate performance of work under this contract,…
  • FAR 52.249-5 Termination for Convenience of the Government (Educational and Other Nonprofit Institutions).
    …prescribed in 49.502(d), insert the following clause: Termination for Convenience of the Government (Educational and Other Nonprofit Institutions) (AUG 2016) (a) The Government may terminate performance of work under this contract in whol…
  • DFARS 252.211-7008 Use of Government-assigned Serial Numbers.
    As prescribed in 211.274-5(b), use the following clause: Use of Government-assigned Serial Numbers (SEP 2010) (a) Definitions. As used in this clause— Government-assigned serial number means a combination of letters or numerals in a fixe…
  • DFARS 252.245-7005 Management and Reporting of Government Property.
    As prescribed in 245.107(4), use the following clause: Management and Reporting of Government Property (Jan 2024) (a) Definitions. As used in this clause— As is means that the Government makes no warranty with respect to the serviceabili…
  • DFARS 246.870-2 Policy.
    …rces of electronic parts. (1) Except as provided in paragraph (a)(2) of this section, the Government requires contractors and subcontractors at all tiers, to— (i) Obtain electronic parts that are in production by the original manufacturer …
  • DFARS 252.246-7008 Sources of Electronic Parts.
    …on of such contractor-approved suppliers is subject to review, audit, and approval by the Government, generally in conjunction with a contractor purchasing system review or other surveillance of purchasing practices by the contract administ…
  • FAR 8.002 Priorities for use of mandatory Government sources.
    …encies shall satisfy requirements for supplies and services from or through the mandatory Government sources and publications listed below in descending order of priority: (1) Supplies. (i) Inventories of the requiring agency. (ii) Excess…
  • DFARS 245.103-73 Government property under sustainment contracts.
    See PGI 245.103-73 for information on the reporting requirements for Government inventory held by contractors under sustainment contracts in accordance with DoD Manual 4140.01, Volume 6, DoD Supply Chain Materiel Management Procedures: Mate…
  • FAR 2.101 Definitions.
    … funds of supplies or services (including construction) by and for the use of the Federal Government through purchase or lease, whether the supplies or services are already in existence or must be created, developed, demonstrated, and evalu…
  • FAR 16.703 Basic ordering agreements.
    …(c) Limitations. A basic ordering agreement shall not state or imply any agreement by the Government to place future contracts or orders with the contractor or be used in any manner to restrict competition. (1) Each basic ordering agreemen…
  • FAR 31.205-41 Taxes.
    …acting officer arising out of subparagraph (2)(i) above or an independent decision of the Government as to the existence of a claim of illegality or erroneous assessment, to (A) determine the legality of the assessment or (B) secure a refun…
  • FAR 42.302 Contract administration functions.
    …ng Standards (CAS), affect the quality and validity of the contractor data upon which the Government must rely for its management oversight of the contractor and contract performance. (13) Review and approve or disapprove the contractor's …
  • FAR 45.000 Scope of part.
    (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. (b) It does no…
  • FAR 45.101 Definitions.
    As used in this part— Cannibalize means to remove parts from Government property for use or for installation on other Government property. Contractor-acquired property means property acquired, fabricated, or otherwise provided by the cont…
  • FAR 45.103 General.
    …nsus standards (see FAR 11.101(b)) and industry-leading practices and standards to manage Government property in their possession; (2) Eliminate to the maximum practical extent any competitive advantage a prospective contractor may have by…
  • FAR 49.112-1 Partial payments.
    …ed in 49.602-4 at any time after submission of interim or final settlement proposals. The Government will process applications for partial payments promptly. A subcontractor shall submit its application through the prime contractor which sh…
  • FAR 49.601-2 Letter notice.
    …minated contract, line items, etc.] (a) Effective date of termination. This confirms the Government's electronic notice to you dated ______________________, 20____, terminating ________________ [insert “completely” or “in part”] Contract N…
  • FAR 49.603-1 Fixed-price contracts—complete termination.
    … Contractor, sold to third parties, returned to suppliers, delivered to or stored for the Government, or otherwise properly accounted for, and that all proceeds and retention credits have been used in arriving at this agreement. (2) The Co…
  • FAR 49.603-2 Fixed-price contracts—partial termination.
    … Contractor, sold to third parties, returned to suppliers, delivered to or stored for the Government, or otherwise properly accounted for, and that all proceeds and retention credits have been used in arriving at this agreement. (3) The Co…
  • FAR 49.603-3 Cost-reimbursement contracts—complete termination, if settlement includes cost.
    … Contractor, sold to third parties, returned to suppliers, delivered to or stored for the Government, or otherwise properly accounted for, and that all proceeds and retention credits have been used in arriving at this agreement. (2) The Co…
  • FAR 49.606 Granting subcontract settlement authorization.
    …of subsection 49.108-4 and those stated below, to settle, without further approval of the Government, all subcontracts and purchase orders terminated by you as a result of a Government contract being terminated or modified (1) for the conve…
  • FAR 52.212-3 Offeror Representations and Certifications—Commercial Products and Commercial Services.
    …e or processed from raw materials into the finished product that is to be provided to the Government. If a product is disassembled and reassembled, the place of reassembly is not the place of manufacture. Predecessor means an entity that i…
  • FAR 52.215-23 Limitations on Pass-Through Charges.
    …ontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract …
  • FAR 52.216-7 Allowable Cost and Payment.
    …sert the following clause: Allowable Cost and Payment (AUG 2018) (a) Invoicing. (1) The Government will make payments to the Contractor when requested as work progresses, but (except for small business concerns) not more often than once e…
  • FAR 52.216-16 Incentive Price Revision—Firm Target.
    …d by subparagraph (1) above within the time specified and it is later determined that the Government has overpaid the Contractor, the Contractor shall repay the excess to the Government immediately. Unless repaid within 30 days after the en…
  • FAR 52.216-17 Incentive Price Revision—Successive Targets.
    …aragraphs (1) and (2) above within the time specified and it is later determined that the Government has overpaid the Contractor, the Contractor shall repay the excess to the Government immediately. Unless repaid within 30 days after the en…
  • FAR 52.216-26 Payments of Allowable Costs Before Definitization.
    …. Pending the placing of the definitive contract referred to in this letter contract, the Government will promptly reimburse the Contractor for all allowable costs under this contract at the following rates: (1) One hundred percent of appr…
  • FAR 52.232-12 Advance Payments.
    …may be made only by check of the Contractor countersigned by the Contracting Officer or a Government countersigning agent designated in writing by the Contracting Officer. (c) Use of funds. The Contractor may withdraw funds from the specia…
  • FAR 52.232-16 Progress Payments.
    …rescribed in 32.502-4(a), insert the following clause: Progress Payments (NOV 2021) The Government will make progress payments to the Contractor when requested as work progresses, but not more frequently than monthly, in amounts of $2,500…
  • FAR 52.249-6 Termination (Cost-Reimbursement).
    …a)(1), insert the following clause: Termination (Cost-Reimbursement) (MAY 2004) (a) The Government may terminate performance of work under this contract in whole or, from time to time, in part, if— (1) The Contracting Officer determines …
  • DFARS 228.370-1 Definitions.
    …ustrial operation. Covered aircraft means an aircraft owned by or to be delivered to the Government and, when determined by the contracting officer and specifically identified as such in the contract Schedule, may include contractor-furnis…
  • DFARS 252.228-7001 Ground and Flight Risk.
    … for safeguarding. Covered aircraft means an aircraft owned by or to be delivered to the Government and, when determined by the contracting officer and specifically identified as such in the contract Schedule, may include contractor-furnis…
  • DFARS 252.229-7001 Tax Relief.
    …forth in this contract are exclusive of all taxes and duties from which the United States Government is exempt by virtue of tax agreements between the United States Government and the Contractor's government. The following taxes or duties h…
  • DFARS 252.239-7007 Cancellation or Termination of Orders.
    …vage value. Basic cancellation liability means the actual nonrecoverable cost, which the Government shall reimburse the Contractor at the time services are cancelled. Basic termination liability means the nonrecoverable cost amortized in …
  • DFARS 252.242-7004 Material Management and Accounting System.
    …he Contractor shall provide adequate evidence that— (A) There is no material harm to the Government due to lower accuracy levels; and (B) The cost to meet the accuracy goals is excessive in relation to the impact on the Government; (3) P…

FAR (chapter 1)

DFARS (chapter 2, Defense)

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Rule changes in progress: FAR, DFARS. Terms: glossary.