DOS 652.245-70 Status of Property Management System. Basic (DEC 2013) (Current)

As prescribed in 645.107-70(a), the contracting officer shall insert the provision at 652.245-70, Status of Property Management System, in solicitations when any of the following conditions apply:

    (1) Highway motor vehicles and aircraft, regardless of cost, are provided by the Government or acquired by the contractor for the account of the Government;

    (2) Software exceeding $500,000 in value, including labor costs to develop, is provided by the Government or acquired by the contractor for the account of the Government; or

    (3) Personal property greater than $25,000 (and not in paragraph (a)(1) of this subsection) is provided by the Government or acquired by the contractor for the account of the Government. The personal property must be complete within itself; does not lose its identity or become a component part of other property when put into use; and is of a durable nature with an estimated useful life expectancy to exceed two years.


(a) When used in this provision, government-furnished property, government property, and contractor-acquired property are as defined in FAR 45.101.

(b) Offerors shall include in their quote or offer:

    (1) Whether the offeror's property management system that will be used on this contract to track government-furnished property and/or contractor-acquired property has been determined to be adequate by a Federal property manager;

    (2) The name, address, telephone number and e-mail address of both the-

        (i) Cognizant Administrative Contracting Officer (ACO) responsible for review and determination of adequacy of the contractor's property system; and

        (ii) The cognizant contractor government property manager;

    (3) The voluntary consensus standard or industry leading practices and standards to be used in the management of government property, or existing property management plans, methods, practices or procedures for accountability of property.

(End of provision)


Subcontractor ✖ 

52.245-1 Government Property.

52.245-2 Government Property Installation Operation Services.

52.245-9 Use and Charges.

52.247-55 F.o.b. Point for Delivery of Government-Furnished Property.

252.208-7000 Intent to Furnish Precious Metals as Government-Furnished Material.

252.217-7002 Offering Property for Exchange.

252.217-7006 Title.

252.223-7007 Safeguarding Sensitive Conventional Arms, Ammunition, and Explosives.

252.237-7018 Special Definitions of Government Property.

252.245-7000 Government-Furnished Mapping, Charting, and Geodesy Property.

252.245-7003 Contractor Property Management System Administration.

252.245-7005 Management and Reporting of Government Property.

1852.245-71 Installation-accountable Government Property.

1852.245-70 Contractor requests for Government-provided property.

1852.245-72 Liability for Government property furnished for repair or other services.

1852.245-73 Financial reporting of NASA property in the custody of contractors.

1852.245-74 Identification and marking of Government equipment.

1852.245-75 Property management changes.

1852.245-76 List of Government property furnished pursuant to FAR 52.245–1.

1852.245-77 List of Government property furnished pursuant to FAR 52.245–2.

1852.245-78 Physical inventory of capital personal property

1852.245-79 Records and disposition reports for Government property with potential historic or significant real value.

1852.245-80 Government property management information.

1852.245-81 List of available Government property.

1852.245-82 Occupancy management requirements.

1852.245-83 Real property management requirements.

652.245-71 Special Reports of Government Property.

752.245-70 Government property-USAID reporting requirements.

752.245-71 Title to and care of property.

952.245-5 Government property (cost-reimbursement, time-and-materials, or labor-hour contracts.)

Working with a set of FAR clauses from an RFP or contract?

Try pasting them into our tool to instantly generate a risk profile, including the basic flow down recommendation.


Works best with Chrome and Edge browsers!