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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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17 sections with “excess personal property”

  • FAR 8.103 Information on available excess personal property.
    Information regarding the availability of excess personal property can be obtained through— (a) Reviewing and requesting available excess personal property in GSAXcess® (see https://gsaxcess.gov); and (b) Personal contact with GSA or the …
  • FAR 31.205-6 Compensation for personal services.
    …an allowable contract cost). (iii) For owners of closely held companies, compensation in excess of the costs that are deductible as compensation under the Internal Revenue Code (26 U.S.C.) and regulations under it is unallowable. (b) Reas…
  • FAR 53.245 Government property.
    … of Government property and in accounting for this property: (a) SF 120 (GSA), Report of Excess Personal Property, and SF 120-A (GSA), Continuation Sheet (Report of Excess Personal Property). See 45.602-3 and 41 CFR 102-36.215.) (b) SF 12…
  • FAR 45.602-3 Screening.
    …nd nonprofit organizations if a Federal agency has not expressed a need for the property. Excess personal property, meeting the conditions of 45.603, may be abandoned, destroyed, or donated to public bodies. No later than the 21st day, the …
  • FAR 2.101 Definitions.
    … of the product or service. (Section 314 of Pub. L. 107-314, 10 U.S.C. chapter 223 note) Excess personal property means any personal property under the control of a Federal agency that the agency head determines is not required for its nee…
  • FAR 52.245-1 Government Property.
    …ntractor shall promptly disclose and report Government property in its possession that is excess to contract performance. (B) Unless otherwise authorized in this contract or by the Property Administrator the Contractor shall not commingle …
  • FAR 8.102 Policy.
    When practicable, agencies shall use excess personal property as the first source of supply for agency and cost-reimbursement contractor requirements. Agency personnel shall make positive efforts to satisfy agency requirements by obtaining …
  • FAR 8.104 Obtaining nonreportable property.
    …encies in meeting their requirements for supplies of the types excepted from reporting as excess by the Federal Management Regulations (41 CFR 102-36.220). Federal agencies requiring such supplies should contact the appropriate GSA Personal…
  • DFARS 217.7000 Scope of subpart.
    This subpart prescribes policy and procedures for exchange of nonexcess personal property concurrent with an acquisition. 40 U.S.C. 503 permits exchange of personal property and application of the exchange allowance to the acquisition of si…
  • DFARS 252.245-7005 Management and Reporting of Government Property.
    …refund the balance of the purchase price, if any, to the defaulting Purchaser. Should the excess costs to the Contractor exceed the purchase price, the defaulting Purchaser hereby agrees to pay these costs to the Contractor.” (l) Restricti…
  • FAR 31.001 Definitions.
    …ular actuarial valuation. As of such date, the actuarial accrued liability represents the excess of the present value of future benefits and administrative expenses over the present value of future normal costs for all plan participants and…
  • FAR 45.602-2 Reutilization priorities.
    … to nonappropriated fund activities (see FMR 102-36.165, 41 CFR 102-36.165). (3) Foreign excess personal property (see FMR 102-36.380, 41 CFR 102-36.380). (4) Scrap, except aircraft in scrap condition. (5) Perishables, defined for the pu…
  • DFARS 217.7005 Solicitation provision.
    Use the provision at 252.217-7002, Offering Property for Exchange, when offering nonexcess personal property for exchange. Allow a minimum of 14 calendar days for the inspection period in paragraph (b) of the clause if the exchange property…
  • DFARS 245.602-3 Screening.
    …le of contractor inventory, including contractor inventory in overseas locations (foreign excess personal property) can take place. Upon request of the prospective reutilization, transfer, donation, or sales customer, the plant clearance of…
  • FAR 31.205-41 Taxes.
    …erfund Tax.” (b) The following types of costs are not allowable: (1) Federal income and excess profits taxes. (2) Taxes in connection with financing, refinancing, refunding operations, or reorganizations (see 31.205-20 and 31.205-27). (…
  • FAR 31.205-11 Depreciation.
    …he fact that the lessee and lessor are related, depreciation charges are not allowable in excess of those that would have occurred if the lease contained terms consistent with those found in a lease between unrelated parties.
  • FAR 37.101 Definitions.
    …rt 35). Uncompensated overtime means the hours worked without additional compensation in excess of an average of 40 hours per week by direct charge employees who are exempt from the Fair Labor Standards Act. Compensated personal absences s…

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.