Contractor responsible for safekeeping government property supplied or acquired under contract.
Applicability: Required when government furnishes property or contractor acquires property on government dime.
Key Requirements
Accept responsibility for government property at receipt
Maintain property in good condition and prevent loss/damage
Use property only for contract purposes
Return property upon contract completion or when no longer needed
Common Issues & Pitfalls
Treating government property as contractor property (use beyond scope)
Allowing damage without reporting (contractor pays)
Losing track of government property inventory
Failing to return property at contract end (holds final payment)
Contractor Guidance for Your Bid
Government property belongs to government. Document what you receive. Maintain inventory. Protect it from damage/theft. When contract ends, return everything or pay for replacements. Government audits property closely.