41 CFR · Public Contracts and Property Management

§ 109-1.5202 — Establishment of a personal property holdings baseline.

41 CFR § 109-1.5202

This text of 41 C.F.R. § 109-1.5202 (Establishment of a personal property holdings baseline.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
41 C.F.R. § 109-1.5202 (2026).

Text

§ 109-1.5202 Establishment of a personal property holdings baseline.

(a)If the contractor is a new designated contractor, the contractor may accept the previous contractor's personal property records as a baseline or may perform a complete physical inventory of all personal property. This physical inventory is to be performed within the time period specified by the contracting officer or the contract, but no later than one year after the execution date of the contract. If the physical inventory is not accomplished within the allotted time frame, the previous contractor's records will be considered as the baseline.
(b)If any required physical inventories have not been accomplished within the time periods prescribed in § 109-1.5110(f) of this part, the new contractor shall either perform

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Bluebook (online)
41 C.F.R. § 109-1.5202, Counsel Stack Legal Research, https://law.counselstack.com/cfr/41/109-1/109-1.5202.
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