GroundRules
48 CFR 49.109-3: 49.109-3 Government property.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 1—FEDERAL ACQUISITION REGULATION
- SUBCHAPTER G—CONTRACT MANAGEMENT
- PART 49—TERMINATION OF CONTRACTS
- Subpart 49.1—General Principles
Before execution of a settlement agreement, the TCO shall determine the accuracy of the Government property account for the terminated contract. If an audit discloses property for which the contractor cannot account, the TCO shall reserve in the settlement agreement the rights of the Government regarding that property or make an appropriate deduction from the amount otherwise due the contractor.
Collected 2026-08-27T02:26:29Z. Source file · JSON