48 CFR 45.104 - Responsibility and liability for Government property.
(a) Generally, contractors are not held liable for loss of Government property under the following types of contracts:
(1) Cost-reimbursement contracts.
(2) Time-and-material contracts.
(3) Labor-hour contracts.
(4) Fixed-price contracts awarded on the basis of submission of certified cost or pricing data.
(b) The contracting officer may revoke the Government's assumption of risk when the property administrator determines that the contractor's property management practices are noncompliant with contract requirements.
(c) A prime contractor that provides Government property to a subcontractor shall not be relieved of any responsibility to the Government that the prime contractor may have under the terms of the prime contract.
(1) The extent, if any, of contractor liability based upon the amount of damages corresponding to the associated property loss; and
(2) The appropriate form and method of Government recovery (may include repair, replacement, or other restitution).
(e) Any monies received as financial restitution shall be credited to the Treasury of the United States as miscellaneous receipts, unless otherwise authorized by statute ( 31 U.S.C. 3302(b)).
- 48 CFR 245.104 — Responsibility and Liability for Government Property.
- 48 CFR 28.303 — Insurance Against Loss of or Damage to Government Property.
- 48 CFR 31.205-19 — Insurance and Indemnification.
- 48 CFR 45.107 — Contract Clauses.
- 48 CFR 2945.104 — Review and Correction of Contractors' Property Control Systems.
- 48 CFR 2945.105 — Records of Government Property.
Title 48 published on 2015-12-04.
No entries appear in the Federal Register after this date, for 48 CFR Part 45.