---
kind: "section"
citation: "48 C.F.R. § 2045.371"
title: "48"
number: "2045.371"
heading: "Property accountability procedures."
url: "https://uscodex.org/cfr/48/2045.371"
---

# §2045.371. Property accountability procedures.

- (a) **The threshold for detailed reporting of capitalized equipment by contractors is $50,000.**
- (b) The contractor shall send a copy of each Financial Status Report (NRCAR 2052.211-72, and 2052.211-72 Alternate 1), that references the acquisition of, or change in status of, contractor-held property purchased with government funds valued at the time of purchase at $50,000 or more to the Chief, Property and Acquisition Oversight Branch, Division of Contracts and Property Management.

## Notes

### Authority

Authority: 42 U.S.C. 2201; 42 U.S.C. 5841; 41 U.S.C. 418(b).

### Source

Source: 64 FR 49337, Sept. 10, 1999, unless otherwise noted.