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 Department of Defense General Services Administration National Aeronautics and Space Administration 48 CFR Chapter 1
[Docket FAR-2007-0002, Sequence 2]
 AGENCIES: Department of Defense (DoD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA).
 ACTION: Summary presentation of final rule.
 SUMMARY: This document summarizes the Federal Acquisition Regulation (FAR) rule agreed to by the Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council in this Federal Acquisition Circular (FAC) 2005-17.  A companion document, the Small Entity Compliance Guide (SECG), follows this FAC. The FAC, including the SECG, is available via the Internet at 
                            *http://www.regulations.gov*.
 DATES: For effective dates and comment dates, see separate documents, which follow.
 FOR FURTHER INFORMATION CONTACT: The analyst whose name appears in the table below in relation to the FAR case. Please cite FAC 2005-17, FAR case 2004-025. For information pertaining to status or publication schedules, contact the FAR Secretariat at (202) 501-4755. List of Rule in FAC 2005-17
Item
Subject
FAR case
AnalystI
Government Property
2004-025
Parnell.


SUPPLEMENTARY INFORMATION: Summary for the FAR rule follows.  For the actual revisions and/or amendments refer to FAR case 2004-025. FAC 2005-17 amends the FAR as specified below: 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 This rule deletes outdated clauses, combines selected FAR property clauses into a single clause, and implements a new clause designed for military base and installation-level contracts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.
 Federal Acquisition Circular Federal Acquisition Circular (FAC) 2005-17 is issued under the authority of the Secretary of Defense, the Administrator of General Services, and the Administrator for the National Aeronautics and Space Administration. Unless otherwise specified, all Federal Acquisition Regulation (FAR) and other directive material contained in FAC 2005-17 is effective June 14, 2007. Dated: April 30, 2007. Shay D. Assad, Director, Defense Procurement and Acquisition Policy.
 Dated: April 27, 2007. George Barclay, Acting Senior Procurement Executive, General Services Administration.
 Dated: April 19, 2007. Sheryl Goddard, Acting Assistant Administrator for Procurement, National Aeronautics and Space Administration.


[FR Doc. 07-2257 Filed 5-14-07; 8:45 am] BILLING CODE 6820-EP-S