Government property, as used in FAR Part 45, means all property owned or leased by the Government. Government property includes both Government-furnished property and contractor-acquired property. Government property includes material, equipment, special tooling, special test equipment, and real property. Government property does not include intellectual property and software. This part prescribes policies and procedures for providing Government property to contractors; contractors’ management and use of Government property; and reporting, redistributing, and disposing of contractor inventory.
The latest form for Government Property - FAR Sections Affected: 52.245-1(f)(j); 52.245-9(d)(1) & Forms SF 1428, SF 1429 expires 2022-04-30 and can be found here.
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