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part52.dev Federal Acquisition Clause Monitor
This PGI section supplements: DFARS 207.471 · FAR 7.471
The corresponding FAR Part 7 and DFARS Part 207 have been overhauled under the RFO. PGI replacement text is provided in the RFO deviation attachment. View FAR Part 7

Current Content

(a) Fund leases in accordance with DoD Financial Management Regulation (FMR) 7000.14-R, Volume 2A, Chapter 1.

(b) DoD leases are either capital leases or operating leases. See FMR 7000.14-R, Volume 4, Chapter 6, Section 060206.

(c) Use procurement funds for capital leases, as these are essentially installment purchases of property.

Sources: Search on acquisition.gov · View on acq.osd.mil