[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR45]

[Page 821-822]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 45--GOVERNMENT PROPERTY--Table of Contents
 
  Subpart 45.5--Management of Government Property in the Possession of 
                               Contractors
 
45.501  Definitions.

    Accessory item, as used in this subpart, means an item that 
facilitates or enhances the operation of plant equipment but which is 
not essential for its operation.
    Agency-peculiar property (see 45.301).
    Auxiliary item, as used in this subpart, means an item without which 
the basic unit of plant equipment cannot operate.
    Contractor-acquired property (see 45.101).
    Custodial records, as used in this subpart, means written memoranda 
of any kind, such as requisitions, issue hand receipts, tool checks, and 
stock record books, used to control items issued from tool cribs, tool 
rooms, and stockrooms.
    Discrepancies incident to shipment, as used in this subpart, means 
all deficiencies incident to shipment of Government property to or from 
a contractor's facility whereby differences exist between the property 
purported to have been shipped and property actually received. Such 
deficiencies include loss, damage, destruction, improper status and 
condition coding, errors in identity or classification, and improper 
consignment.
    Facilities (see 45.301).
    Government-furnished property (see 45.101).
    Government property (see 45.101).
    Individual item record, as used in this subpart, means a separate 
card, form, document or specific line(s) of computer data used to 
account for one item of property.
    Material (see 45.301).
    Nonprofit organization (see 45.301).
    Plant equipment (see 45.101).
    Property administrator, as used in this subpart, means an authorized 
representative of the contracting officer assigned to administer the 
contract requirements and obligations relating to Government property.
    Real property (see 45.101).
    Salvage, as used in this subpart, means property that, because of 
its worn, damaged, deteriorated, or incomplete condition or specialized 
nature, has no reasonable prospect of sale or use as serviceable 
property without major repairs, but has some value in excess of its 
scrap value.
    Scrap, as used in this subpart, means personal property that has no 
value except for its basic material content.

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    Special test equipment (see 45.101).
    Special tooling (see 45.101).
    Stock record, as used in this subpart, means a perpetual inventory 
record which shows by nomenclature the quantities of each item received 
and issued and the balance on hand.
    Summary record, as used in this subpart, means a separate card, 
form, document or specific line(s) of computer data used to account for 
multiple quantities of a line item of special tooling, special test 
equipment, or plant equipment costing less than $5,000 per unit.
    Utility distribution system, as used in this subpart, includes 
distribution and transmission lines, substations, or installed equipment 
forming an integral part of the system by which gas, water, steam, 
electricity, sewerage, or other utility services are transmitted between 
the outside building or structure in which the services are used and the 
point of origin, disposal, or connection with some other system. It does 
not include communication services.
    Work-in-process, as used in this subpart, means material that has 
been released to manufacturing, engineering, design or other services 
under the contract and includes undelivered manufactured parts, 
assemblies, and products, either complete or incomplete.

[48 FR 42392, Sept. 19, 1983, as amended at 59 FR 11384, Mar. 10, 1994]