[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: 48CFR45]

[Page 806]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 45_GOVERNMENT PROPERTY--Table of Contents
 
                          Subpart 45.1_General
 
Sec.  45.102  Policy.

    Contractors are ordinarily required to furnish all property 
necessary to perform Government contracts. However, if contractors 
possess Government property, agencies shall--
    (a) Eliminate to the maximum practical extent any competitive 
advantage that might arise from using such property;
    (b) Require contractors to use Government property to the maximum 
practical extent in performing Government contracts;
    (c) Permit the property to be used only when authorized;
    (d) Charge appropriate rentals when the property is authorized for 
use on other than a rent-free basis;
    (e) Require contractors to be responsible and accountable for, and 
keep the Government's official records of Government property in their 
possession or control (but see 45.105);
    (f) Require contractors to review and provide justification for 
retaining Government property not currently in use; and
    (g) Ensure maximum practical reutilization of contractor inventory 
(see 45.601) within the Government.