[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 835]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 45--GOVERNMENT PROPERTY--Table of Contents
 
  Subpart 45.6--Reporting, Redistribution, and Disposal of Contractor 
                                Inventory
 
45.605-3  Cost-reimbursement contracts.

    Under cost-reimbursement contracts, property purchased or retained 
by the contractor or returned to suppliers shall not be reported on 
inventory schedules. The cognizant contract administration office, in 
coordination with the cognizant auditor, shall periodically review such 
transactions to protect the Government's interests.