№ lp_1_2_04229
Federal procurement policy text establishing terms, conditions, and procedures for leasing commercial equipment by U.S. Government ordering agencies under specified lease structures and funding authorities.
Document type: Government procurement guidance
Subject matter: Leasing of commercial equipment
Lease options: Lease-to-Ownership Plan; Operating Lease with option to own
Maximum lease term: Up to 60 months
Applicable regulations: Federal Acquisition Regulation Subparts 7.4, 12.4, 17.1, 32.803; GSAR 552.232-23
Funding basis: Annual appropriations and multi-year funding
Initiating party: Ordering Agency
Contract mechanism: Delivery orders under Special Item Numbers
Government rights: Retention of statutory, contractual, and warranty rights
Termination provisions: Early termination charges and non-appropriation termination
Scope: General purpose commercial equipment
Price: 8 / 10 USD
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