View Rule

View EO 12866 Meetings

Printer-Friendly Version Download RIN Data in XML

DOD/DARC

RIN: 0750-AG83

Publication ID: 2012

Title: Reporting of Government-Furnished Property (DFARS Case 2012-D001)
Abstract: DoD amended the Defense Federal Acquisition Regulation Supplement (DFARS)to revise and standardize reporting requirements for Government-furnished property to include items uniquely and non-uniquely identified. The objective of the rule is to improve the accountability and control of DoD assets. The revisions modify and standardize contractor Government property reporting requirements. This rule alters the requirements of the current clause, which requires Defense contractors to report (primarily) Government-furnished equipment items valued at $5,000 or more, to a new requirement to report all serially managed Government-furnished property regardless of unit acquisition cost. The clause at 252.211-7007, is being renamed as "Reporting of Government-Furnished Property," and is being revised to expand definitions, and provide guidance on reporting of GFP. This clause applies to commercial contracts that have GFP and reporting applicability, and is added to the list of solicitation provisions and contract clauses applicable to the acquisition of commercial items at DFARS 212.301. Additionally, the clause at 252.251-7000 is being revised to require electronic receipts of property obtained from Government supply sources. DoD estimates that approximately one-fourth of all contractors in possession of Government-furnished property are small business. All DoD contractors in possession of Government property will be equally affected by the revision in reporting requirements.
Agency: Department of Defense(DOD)	Priority: Other Significant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Completed Actions
Major: No	Unfunded Mandates: No
CFR Citation: 48 CFR 211 48 CFR 212 48 CFR 252
Legal Authority: 41 USC 1303

Legal Deadline: None

Timetable:

Action	Date	FR Cite
NPRM	12/22/2010	75 FR 80426
NPRM Comment Period Extended	02/18/2011	76 FR 9527
Public Meeting	03/18/2011	76 FR 11190
NPRM Comment Period End	04/08/2011
Second NPRM	10/19/2011	76 FR 64885
Second NPRM Comment Period End	12/19/2011
Final Action	08/29/2012	77 FR 52254
Final Action Effective	08/29/2012

Regulatory Flexibility Analysis Required: Yes	Government Levels Affected: None
Small Entities Affected: Businesses, Organizations	Federalism: No
Included in the Regulatory Plan: No
RIN Data Printed in the FR: Yes
Agency Contact: Manuel Quinones Department of Defense Defense Acquisition Regulations Council 4800 Mark Center Drive, Suite 15D07-2, Alexandria, VA 22350 Phone:571 372-6088 Email: manuel.quinones.civ@mail.mil