[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 828]
 
            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
 
45.505-5  Records of plant equipment.

    (a) Unless summary records are used as authorized under 45.505-1(b), 
the contractor shall maintain individual item records for each item of 
plant equipment.
    (b) In addition to the information required in 45.505-1, the 
contractor's records of Government-owned plant equipment, regardless of 
value, shall include--
    (1) Federal Supply Code for the manufacturer (as listed in 
Cataloging Handbook H4-1 and H4-2) (available from the Superintendent of 
Documents, Government Printing Office (GPO), Washington, D.C. 20402);
    (2) Federal Supply Classification (Cataloging Handbooks H2-1, H2-2, 
and H2-3) (available from GPO); and
    (3) The original manufacturer's model or part number.
    (c) For each item of Government-owned plant equipment having a unit 
cost of $5,000 or more, the contractor shall, in addition to the 
requirements of (b) above, include--
    (1) Serial number and year built (when available);
    (2) Government identification/tag number; and
    (3) Acquisition and disposition document references and dates.
    (d) The property administrator may determine that the information in 
(c)(1) and (2) above should be recorded in the property records for 
plant equipment costing less than $5,000.
    (e) Accessory and auxiliary equipment shall be recorded on the 
record of the associated item of plant equipment. If the accessory or 
auxiliary item is not attached to, a part of, or acquired for use with a 
specific item of plant equipment, it shall be recorded either in an 
individual item record or in a summary stock record. When accessory and 
auxiliary items are permanently separated from the basic item of plant 
equipment, the unit price of the basic item shall be appropriately 
reduced.

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