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part52.dev Federal Acquisition Clause Monitor
This PGI section supplements: DFARS 245.402-70 · FAR 45.402-70
Superseded. This section was republished by Class Deviation 2026-O0046, which directs contracting officers to use the deviated text instead of the codified text below. View the deviated PGI 245.402-70

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 2026-08-09 [PGI] PGI_ADDED R-DFARS PGI 245.402-70 added by class deviation 2026-O0046
detected 2026-04-17 [PGI] 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).
Sources: Search on acquisition.gov · View on acq.osd.mil