[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 833] 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 45.509-2 Use of Government property. (a) The contractor's procedures shall be in writing and adequate (1) to assure that Government property will be used only for those purposes authorized in the contract and that any required approvals will be obtained, and (2) to provide a basis for determining and allocating rental charges. (b) With respect to plant equipment with an acquisition value of $5,000 or more, the procedures, as a minimum, shall-- (1) Establish a minimum level of use below which an analysis of need shall be made and retention justified, except for inactive plants and equipment retained for mobilization (the use level may be established for individual items or families of items, depending upon circumstances of use); (2) Provide for recording authorized and actual use consistent with the established use levels; (3) Require periodic analyses of production needs for plant equipment utilization based upon known requirements; and (4) Provide for prompt reporting to the contracting officer of all plant equipment for which retention is not justified. [48 FR 42392, Sept. 19, 1983, as amended at 52 FR 30078, Aug. 12, 1987]