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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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21 sections with “property management systems”

  • FAR 45.105 Contractors' property management system compliance.
    …ncy responsible for contract administration shall conduct an analysis of the contractor's property management policies, procedures, practices, and systems. This analysis shall be accomplished as frequently as conditions warrant, in accordan…
  • DFARS 245.105 Contractors' property management system compliance.
    (a) Definitions. As used in this subpart— Acceptable property management system means a property system that complies with the system criteria in paragraph (c) of the clause at 252.245-7003, Contractor Property Management Administration. …
  • DFARS 252.245-7003 Contractor Property Management System Administration.
    As prescribed in 245.107(3), insert the following clause: Contractor Property Management System Administration (Jan 2025) (a) Definitions. As used in this clause— Acceptable property management system means a property system that complie…
  • DFARS 252.245-7005 Management and Reporting of Government Property.
    …escribed 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 serviceability an…
  • 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 45.103 General.
    …rds (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 using Gove…
  • FAR 2.101 Definitions.
    …with research, planning, development, design, construction, alteration, or repair of real property; and (3) Those other professional services of an architectural or engineering nature, or incidental services, that members of the architectu…
  • FAR 42.302 Contract administration functions.
    …ess and execute novation and change of name agreements under subpart 42.12. (27) Perform property administration (see part 45). (28) Perform necessary screening, redistribution, and disposal of contractor inventory. (29) Issue contract m…
  • DFARS 252.242-7005 Contractor business systems.
    …ract includes the clause at 252.242-7004, Material Management and Accounting System; (5) Property management system, if this contract includes the clause at 252.245-7003, Contractor Property Management System Administration; and (6) Purch…
  • FAR 9.406-1 General.
    …Acquisition Regulation in this chapter and contracts for the purchase of Federal personal property pursuant to the Federal Management Regulation (FMR) in 41 CFR part 102-38, that official shall consider simultaneously debarring the contract…
  • FAR 31.001 Definitions.
    …h as through a system of accounts. Actual cash value means the cost of replacing damaged property with other property of like kind and quality in the physical condition of the property immediately before the damage. Actual costs means (ex…
  • DFARS 228.370-2 General.
    …'s assumption of risk. The liability provisions of the clause at FAR 52.245-1, Government Property, do not apply to the aircraft impacted by a notice of revocation. (1) Preliminary notice of revocation. (i) When finding that contractor man…
  • FAR 7.105 Contents of written acquisition plans.
    … the equipment can be made from the same manufacturing source. (15) Government-furnished property. Indicate any Government property to be furnished to contractors, and discuss any associated considerations, such as its availability or the …
  • FAR 15.407-4 Should-cost review.
    …d efficiency of the contractor's existing work force, methods, materials, equipment, real property, operating systems, and management. These reviews are accomplished by a multi-functional team of Government contracting, contract administrat…
  • DFARS 215.404-71-2 Performance risk.
    … of Government-furnished information; or (D) Simple operations with Government-furnished property. (4) Technology incentive range. (i) The contracting officer may assign values within the technology incentive range when contract performan…
  • DFARS 242.7000 Contractor business system deficiencies.
    …ract includes the clause at 252.242-7004, Material Management and Accounting System; (v) Property management system, if the contract includes the clause at 252.245-7003, Contractor Property Management System Administration; and (vi) Purch…
  • FAR 15.407-2 Make-or-buy programs.
    … are complex, costly, needed in large quantities, or require additional equipment or real property to produce. Raw materials, commercial products, commercial services (see 2.101), and off-the-shelf items (see 46.101) shall not be included, …
  • FAR 27.409 Solicitation provisions and contract clauses
    …t, component, subassembly, assembly, or subsystem integral to the major system, and other property that may be replaced during the service life of the system, including spare parts. When used, this clause requires that the technical data to…
  • FAR 32.504 Subcontracts under prime contracts providing progress payments.
    …llowing exceptions apply to wording modifications: (1) The subcontract terms on title to property under progress payments shall provide for vesting of title in the Government, not the contractor, as in paragraph (d) of the Progress Payment…
  • DFARS 202.101 Definitions.
    … an organization that designs and/or engineers a part and is entitled to any intellectual property rights to that part. Original equipment manufacturer means a company that manufactures products that it has designed from purchased componen…
  • DFARS 242.7001 Contract clause.
    … 252.244-7001, Contractor Purchasing System Administration. (6) 252.245-7003, Contractor Property Management System Administration.

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.