THE DETERMINATION OF EQUIPMENT OWNERSHIP EXPENSE UNDER FEDERAL GOVERNMENT CONTRACTS

This article notes that with regard to equipment expense, the new Federal Acquisition Regulation is fraught with peril for both the government and its contractors. Equipment ownership is defined and discussed. Ownership expense guides prepared by various organizations and government agencies are described. The government adoption of the Associated General Contractors of American Manual is discussed. The article also reviews the 1967 case of Nolan Brothers v. United States which presented novel issues involving the determination of equipment ownership expense. A general accounting office review of a cost-plus-fixed fee contract awarded by the Corps of Engineers is also discussed, as is the case of Meva Corporation v. United States. Comments are made regarding the guides prepared by the Corps of Engineers. Contractor disagreements with the Corps' "Construction Equipment Ownership and Operating Expense Schedule" are noted. Updating and revision of the various guides are discussed.

  • Availability:
  • Corporate Authors:

    Associated General Contractors of America

    2300 Wilson Boulevard, Suite 400
    Arlington, VA  United States  22201
  • Authors:
    • Rosen, H I
  • Publication Date: 1984-2

Media Info

  • Features: Photos;
  • Pagination: p. 25-35
  • Serial:
    • Constructor
    • Volume: 66
    • Issue Number: 2
    • Publisher: Associated General Contractors of America
    • ISSN: 0162-6191

Subject/Index Terms

Filing Info

  • Accession Number: 00384773
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 30 1984 12:00AM