The corresponding FAR Part 45 and DFARS Part 245 have been overhauled under the RFO.
PGI replacement text is provided in the RFO deviation attachment.
View FAR Part 45
Current Content
Title vests in the Government for all property acquired or fabricated by the contractor in accordance with paragraph (e)(3) of the clause at FAR 52.245-1, Government Property. Oversight and visibility of contractor-acquired property (CAP) is accomplished through reviews and audits of contractor business systems, including—
(1) Accounting systems (see DFARS 242.75);
(2) Property management systems (see DFARS 245.105); and
(3) Material management and accounting systems (see DFARS 242.72).
Change History
| Detected | Type | Summary |
|---|---|---|
| detected 2026-04-17 | PGI_MODIFIED | PGI 245.402-70 updated: 4 lines added, 1 lines removed |
View diff--- previous +++ current @@ -1 +1,4 @@ -Review the guidance at PGI 245.402-70 with regard to oversight and surveillance of contractor-acquired property.+Title vests in the Government for all property acquired or fabricated by the contractor in accordance with paragraph (e)(3) of the clause at FAR 52.245-1, Government Property. Oversight and visibility of contractor-acquired property (CAP) is accomplished through reviews and audits of contractor business systems, including-- +(1) Accounting systems (see DFARS 242.75); +(2) Property management systems (see DFARS 245.105); and +(3) Material management and accounting systems (see DFARS 242.72). |
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