17.9101 Policy.
(a) The cognizant requirements office develops and initiates the Product Loan Agreement..
(b) The contracting officer must coordinate any revisions to the Product Loan Agreement with local legal counsel. If any revisions are made, the Product Loan Agreement must also contain the signature of legal counsel. The contracting officer maintains the official Product Loan Agreement file.
(c) The contracting officer is the only individual authorized to enter into, administer, and terminate Product Loan Agreements on behalf of the Government. Unauthorized signatures on Product Loan Agreements could be subject to Anti-deficiency violations.
(d) The required format for Product Loan Agreements is set forth below:
Document and/or Tracking No.______