[Code of Federal Regulations] [Title 48, Volume 6] [Revised as of October 1, 2007] From the U.S. Government Printing Office via GPO Access [CITE: 48CFR1852.217-70] [Page 283] TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM CHAPTER 18--NATIONAL AERONAUTICS AND SPACE ADMINISTRATION Sec. 1852.217-70 Property administration and reporting. As prescribed in 1817.7004-7 and 1817.7005-4, insert the following clause: Property Administration and Reporting (DEC 2005) All property acquired for, and reimbursed by, NASA or transferred by NASA for use under this NASA-Interagency Purchase Request shall be controlled and accounted for in accordance with the servicing agency's normal procedures. All excess items, however, costing $500 or more and in condition Code 7 or better (GSA Condition Codes) shall be reported to the NASA originating office for possible reutilization before disposition. (End of clause) [70 FR 74206, Dec. 15, 2005]