48 CFR 217.7001

217.7001 Definitions.

United States · 48 CFR — Federal Acquisition Regulations System · Status: effective

Cite this

Citation: 48 CFR 217.7001, 217.7001 Definitions, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/243244
Permanent ID: ys:prov:243244@1
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Full text

As used in this subpart— (a) Exchange (trade-in) property means property which— (1) Is not excess but is eligible for replacement (because of obsolescence, unserviceability, or other reason); and (2) Is applied as whole or partial payment toward the acquisition of similar items (i.e., items designed and constructed for the same purpose). (b) Property means items that fall within one of the generic categories listed in DoD Manual 4140.01, Volume 9, DoD Supply Chain Materiel Management Procedures: Materiel Programs.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.