Reference

More Resources

 
FARS

Section 245.610-4: Contractor inventory in foreign countries.

    (1) Normally, DRMS disposal activities shall be used to dispose of surplus contractor inventory located outside the United States or Canada. However, if authorized by the contracting officer, a contractor may sell or make other disposition of inventory in foreign countries.

    (2) Sale or other disposition of foreign inventory by the contractor, including sale to foreign governments, requires that-

      (i) The sales contract or other document transferring title include the following certificate:

    “The Purchaser certifies that the property covered by this contract will be used in (name of country). In the event of resale or export by the Purchaser of any of the property acquired at a price in excess of $1,000 United States dollars or equivalent in other currency at the official exchange rate, the Purchaser agrees to obtain the approval of (name and address of Contracting Officer)”; and

      (ii) The contracting officer approve sales contracts, resales, or exports. Approval is permitted only if-

        (A) The proposed purchaser's name is not on the list of Parties Excluded from Procurement Programs; and

        (B) The sales contract or other document forbids exports by purchasers and subpurchasers to communist areas (FAR 25.702) or other prohibited destinations.




Warning: require(/home/simplyauto/www/includes/site_footer.php): failed to open stream: Permission denied in /home/simplyauto/www/regs/fars/section.php on line 347

Fatal error: require(): Failed opening required '../../includes/site_footer.php' (include_path='.:/usr/local/lib/php') in /home/simplyauto/www/regs/fars/section.php on line 347