Defense Federal Acquisition Regulation Supplement; Contract Actions for Leased Equipment
dfars-acquisition · Defense Federal Acquisition Regulations System · Rule · Published 1999-06-14 · Effective 1999-06-14 · 64 FR 31732
Document
Document number
99-15029
Federal Register citation
64 FR 31732
CFR reference
48 CFR 207
Type
Rule
Action
Final rule.
Category
dfars-acquisition
Sub-agency
Defense Federal Acquisition Regulations System
Publication date
1999-06-14
Effective date
1999-06-14
DOD docket
DFARS Case 99-D012
Abstract
The Director of Defense Procurement has issued a final rule amending the Defense Federal Acquisition Regulation Supplement (DFARS) to add guidance pertaining to funding of contract actions for leased equipment. The guidance emphasizes that capital leases are essentially installment purchases of property and, therefore, must use procurement funding.