Contractor Acquired Property (CAP) definition

Contractor Acquired Property (CAP) means property acquired, fabricated, or otherwise provided by the Seller for performing this Contract that is purchased using funds from this Contract
View Source
Contractor Acquired Property (CAP) means property acquired, fabricated, or otherwise provided by the contractor for performing an agreement and to which the government has title.
View Source

Examples of Contractor Acquired Property (CAP) in a sentence

  • The Contractor shall designate a Program Property Manager who shall, in conjunction with designated Government representatives, be required to maintain up-to-date Government property records and inventory of property for all Government Property (GP), and Contractor Acquired Property (CAP).

  • The Delivered Contractor Acquired Property (CAP) shall be delivered in accordance with the applicable TO Material Inspection and Receiving Report (DD Form 250).

  • NOTE 1: Cost Basis (Non-Fee-Bearing) Contractor Acquired Property (CAP).

  • During performance of the Contract, the Contractor may purchase material or equipment using Government funds [Contractor Acquired Property (CAP)] if it is approved by the Contracting Officer.

  • Accountable Tooling may consist of Government-Furnished Property (GFP), Contractor- Acquired Property (CAP) and/or Customer- Furnished Property (CFP).

  • The Contractor shall maintain and provide an annual inventory listing of GFP, to include Contractor Acquired Property (CAP), that is in the Contractors and subcontractor’s possession (CDRL A006).

  • FOB: Destination PSC CD: R425 NET AMT ITEM NO SUPPLIES/SERVICES QUANTITY UNIT UNIT PRICE 0006 1 Lot Contractor Acquired Property (CAP) FFP Contractor Acquired Property will be identified at the task order level.

  • The Seller has a continuing obligation to report to Buyer, any Contractor Acquired Property (CAP) purchased or Government Furnished Property received by Seller or its subcontractors during the period of performance of this subcontract, and to comply with the Government Property requirements set forth in this Subcontract and pursuant to FAR 52.245-1, 52.245-2 and DFAR Part 245, as applicable.

  • Attachment J-6 identifies the GFP that shall be replaced as Contractor Acquired Property (CAP).

  • Procure additional hardware as Contractor Acquired Property (CAP) in consultation with the COTR.