PGI 245.402-70 Policy

Subsection DFARS Procedures, Guidance, and Information

Facts

Citation
PGI 245.402-70
Type
Subsection
Supplements
FAR 45.402 Title to contractor-acquired property
Text as of
DFARS PGI Change May 7, 2026
Official text
acquisition.gov

Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this subsection.

Text

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).

Sections cited

  • DFARS 245.105 Contractors property management system compliance

Quick answers

What is PGI 245.402-70?

PGI 245.402-70 is a subsection of the DFARS Procedures, Guidance, and Information, titled "Policy".

Are changes to PGI 245.402-70 proposed?

No proposed rule from the last 3 years is waiting on a final rule.

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