45.602-1  Inventory disposal schedules.

14.  Amend section 45.602-1 by--

a.  Removing from paragraphs (b)(2) and (b)(3) "Require a contractor" and adding "Require the contractor" in its place;

b.  Removing from paragraph (b)(4) "might entitle" and adding "may entitle" in its place;

c.  Revising the introductory text of paragraph (c) and the introductory text of paragraph (c)(1);

d.  Removing from paragraph (c)(1)(i) "acquisition cost" and adding "unit acquisition cost" in its place; and

e.  Revising paragraph (c)(1)(iv).

The revised text reads as follows:

45.602-1  Inventory disposal schedules.

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(c)  The contractor may request the plant clearance officer's approval to remove the Government property from an inventory schedule.

(1)  Plant clearance officers should approve removal of Government property from an inventory schedule when--

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(iv)  The contractor has requested continued use of the Government property, and the contracting officer has authorized its retention and further use.

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