[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR37.303]



[Page 763]

 

            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.