Common use of Government-Owned Property Clause in Contracts

Government-Owned Property. FAR 52.245-1 (Aug. 2010), "Government Property," is incorporated by reference. "Contractor" means “Seller,” and "Government" shall mean Government throughout except the first time it appears in paragraph (g)(1) when "Government" shall mean the Government or the Buyer. Paragraph (h)(1) is deleted and replaced by the following: “Seller assumes the risk of, and shall be responsible for, any loss, damage, destruction, or theft of Government property upon its delivery to Seller as Government-furnished property. However, Seller is not responsible for reasonable wear and tear to Government Property or for Government property properly consumed in performing this contract.”

Government-Owned Property. FAR 52.245-1 (Aug. 2010), "Government Property," is incorporated by reference. "Contractor" means “Seller,” and "Government" shall mean Government throughout except the first time it appears in paragraph (g)(1) when "Government" shall mean the Government or the Buyer. Paragraph (h)(1) is deleted and replaced by the following: “Seller assumes the risk of, and shall sha ll be responsible for, any loss, damage, destruction, or theft of Government property upon its delivery to Seller as Government-furnished property. However, Seller is not responsible for reasonable wear and tear to Government Property or for Government property properly consumed in performing this contractContract.”

Government-Owned Property. FAR 52.245-1 (Aug. 2010), "Government Property," is incorporated by reference. "Contractor" means “Seller,” and "Government" shall mean Government throughout except the first time it appears in paragraph (g)(1) when "Government" shall mean the Government or the Buyer. Paragraph (h)(1) is deleted and replaced by the following: “Seller assumes the risk of, and shall be responsible for, any loss, damage, destruction, or theft of Government property upon its delivery to Seller as Government-furnished property. However, Seller is not responsible for reasonable wear and tear to Government Property or for Government property properly consumed in performing this contractContract.”