[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR37.303]

[Page 739]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 37_SERVICE CONTRACTING--Table of Contents
 
    Subpart 37.3_Dismantling, Demolition, or Removal of Improvements
 
Sec.  37.303  Payments.

    (a) The contract may provide that the (1) Government pay the 
contractor for the dismantling or demolition of structures or (2) 
contractor pay the Government for the right to salvage and remove the 
materials resulting from the dismantling or demolition operation.
    (b) The contracting officer shall consider the usefulness to the 
Government of all salvageable property. Any of the property that is more 
useful to the Government than its value as salvage to the contractor 
should be expressly designated in the contract for retention by the 
Government. The contracting officer shall determine the fair market 
value of any property not so designated, since the contractor will get 
title to this property, and its value will therefore be important in 
determining what payment, if any, shall be made to the contractor and 
whether additional compensation will be made if the contract is 
terminated.