[Federal Register: May 15, 2007 (Volume 72, Number 93)]
[Rules and Regulations]               
[Page 27397]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]





48 CFR Chapter 1

[Docket FAR-2007-0002, Sequence 2]

Federal Acquisition Regulation; Federal Acquisition Circular 
2005-17; Small Entity Compliance Guide

AGENCIES: Department of Defense (DoD), General Services Administration 
(GSA), and National Aeronautics and Space Administration (NASA).

ACTION: Small Entity Compliance Guide.


SUMMARY: This document is issued under the joint authority of the 
Secretary of Defense, the Administrator of General Services and the 
Administrator of the National Aeronautics and Space Administration. 
This Small Entity Compliance Guide has been prepared in accordance with 
Section 212 of the Small Business Regulatory Enforcement Fairness Act 
of 1996. It consists of a summary of the rule appearing in Federal 
Acquisition Circular (FAC) 2005-17, which amends the FAR. An asterisk 
(*) next to a rule indicates that a regulatory flexibility analysis has 
been prepared. Interested parties may obtain further information 
regarding this rule by referring to FAC 2005-17, which precedes this 
document. These documents are also available via the Internet at http://frwebgate.access.gpo.gov/cgi-bin/leaving.cgi?from=leavingFR.html&log=linklog&to=http://www.regulations.gov/

FOR FURTHER INFORMATION CONTACT: Laurieann Duarte, FAR Secretariat, 
(202) 501-4225. For clarification of content, contact the analyst whose 
name appears in the table below.

                                           List of Rule in FAC 2005-17
      Item                          Subject                             FAR case                 Analyst
*I.............  Government Property..........................  2004-025                 Parnell.

Item I--Government Property (FAR Case 2004-025)

    This final rule amends Federal Acquisition Regulation (FAR) Part 
45, Government Property, and associated FAR language and clauses to 
implement a policy that fosters efficiency, flexibility, innovation and 
creativity while continuing to protect the Government's interest. This 
rule simplifies procedures, clarifies language, and eliminates obsolete 
requirements related to the management and disposition of Government 
property in the possession of contractors by moving, clarifying, and 
deleting definitions; establishing a life-cycle approach to property 
management; and, sanctioning the use of consensus standards and/or 
industry-leading standards and practices for property management. This 
rule deletes outdated clauses, combines selected FAR property clauses 
into a single clause, and implements a new clause designed for military 
base and installation-level contracts awarded under the OMB Circular A-
76 process. FAR language and associated clauses for special tooling, 
special test equipment and facilities contracts is deleted. It is not 
the Government's intention to change the intent or meaning of the 
language pertaining to ``title to Government property.''

    Dated: May 2, 2007.
Al Matera,
Acting Director, Contract Policy Division.
[FR Doc. 07-2255 Filed 5-14-07; 8:45 am]