DOD Clarifies Identification and Valuation Requirements for Items Delivered Under DOD Contracts

February 19, 2014

DOD Clarifies Identification and Valuation Requirements for Items Delivered Under DOD Contracts

On December 16, 2013, the Department of Defense (DOD) issued a final rule to clarify requirements for the identification and valuation processes for items delivered under DOD contracts. The final rule revises Defense Federal Acquisition Regulation Supplement 252.211-7003, “Item Identification and Valuation,” which imposes identification requirements for items delivered under DOD contracts that have an acquisition cost of at least $5,000. The final rule amends the clause by clarifying definitions and revising data submission and item identification requirements to ensure greater supply chain integrity, cybersecurity, and fraud protection. This rule became effective December 16, 2013. (78 Fed. Reg. 76067, 12/13/2013.)






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