- (a) Title to all property acquired by the contractor under the contracting officer's authorization shall vest in the parties as provided in the contract, unless specifically provided for otherwise.
- (b) If contracts are with educational institutions and the Government Property clause at 52.245-1, Alternate II, is used, title to property having a unit acquisition cost of less than $5,000 shall vest in the contractor as provided in the clause. Agencies may provide higher thresholds, if appropriate.
[48 FR 42476, Sept. 19, 1983, as amended at 57 FR 60590, Dec. 21, 1992; 72 FR 27389, May 15, 2007; 77 FR 12944, Mar. 2, 2012]