48 CFR § 49.109-3 - 49.109-3 Government property.

---
identifier: "/us/cfr/t48/s49.109-3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 49.109-3 - 49.109-3   Government property."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "49.109-3"
section_name: "49.109-3   Government property."
chapter_number: 1
chapter_name: "FEDERAL ACQUISITION REGULATION"
subchapter_number: "G"
subchapter_name: "CONTRACT MANAGEMENT"
part_number: "49"
part_name: "TERMINATION OF CONTRACTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113."
regulatory_source: "48 FR 42447, Sept. 19, 1983, unless otherwise noted."
cfr_part: "49"
---


# 49.109-3 49.109-3   Government property.

Before execution of a settlement agreement, the TCO shall determine the accuracy of the Government property account for the terminated contract. If an audit discloses property for which the contractor cannot account, the TCO shall reserve in the settlement agreement the rights of the Government regarding that property or make an appropriate deduction from the amount otherwise due the contractor.