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The Electronic Code of Federal Regulations (e-CFR) is a regularly updated, unofficial editorial compilation of CFR material and Federal Register amendments produced by the National Archives and Records Administration's Office of the Federal Register (OFR) and the Government Printing Office.

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Electronic Code of Federal Regulations

e-CFR Data is current as of April 15, 2014

Amendment from June 20, 2005


48 CFR--PART 32

View Printed Federal Register page 77 FR 12941 in PDF format.

Amendment(s) published March 2, 2012, in 77 FR 12941

Effective Dates: April 2, 2012

4. Amend section 32.503-16 by revising the first sentence of paragraph (a) to read as follows:

32.503-16   Risk of loss.

(a) Under the Progress Payments clause, and except for normal spoilage, the contractor bears the risk of loss for Government property under the clause, even though title is vested in the Government, unless the Government has expressly assumed this risk. *  *  *

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