Government-furnished property means property in the possession of, or directly acquired by, the Government and subsequently furnished to the Contractor for performance of a contract. Government-furnished property includes, but is not limited to, spares and property furnished for repair, maintenance, overhaul, or modification. Government-furnished property also includes contractor-acquired property if the contractor-acquired property is a deliverable under a cost contract when accepted by the Government for continued use under the contract.

Government-furnished property means property in the possession of, or directly acquired by, the Government and subsequently furnished to the Contractor for performance of a contract.

Government-furnished property means property in the possession of, or directly acquired by, the Government and subsequently furnished to the Contractor for performance of a contract. Government-furnished property includes, but is not limited to, spares and property furnished for repair, maintenance, overhaul, or modification. Government-furnished property also includes contractor-acquired property if the contractor- acquired property is a deliverable under a cost contract when accepted by the Government for continued use under the contract.

Examples of Government-furnished property in a sentence

All Government Furnished Property and Buyer Furnished Property will only be used by the Seller to meet their obligations under this Contract.
Buyer will furnish the item(s) of property as Government Furnished Property or Buyer Furnished Property to the Seller, FOB Destination, for use in performance of this Contract.
Upon Buyer request or Contract Termination, all Government Furnished Property or Buyer Furnished Property will be returned to the Buyer.
Any Government Furnished Property or Buyer Furnished Property provided under this Contract may be identified in the Performance Work Statement, which has been incorporated as an attachment to this Contract (if applicable).
Buyer will furnish the item(s) of property as Government Furnished Property or JUNE 2023 Rev.

More Definitions of Government-furnished property

Government-furnished property means property directly in the possession or acquired by the Government and made available to the Seller either directly from the Buyer or the Government in performance of this Contract

Government-furnished property has the meaning set forth in Section 3.18(n).

Government-furnished property means property in the possession of, or directly acquired by, the Government or Purchaser and subsequently furnished to the Subcontractor for performance of a subcontract.

Government-furnished property means property in the possession of, or directly acquired by, the

Government-furnished property means property in the possession of, or directly acquired by the Government and subsequently made available to the Contractor. Government-Furnished Property includes Government-Furnished materials and Government-Furnished Equipment.

Government-furnished property means all machinery, equipment, tools, dies, spare parts and all other personal property and fixtures loaned, bailed or otherwise furnished by the United States government to the Seller pursuant to the Government Contracts. Buyer and Seller shall cooperate after the Closing Date to correct any inaccuracies in Schedule 4.16 and effect any appropriate transfers of property.