DFARS 217.7001
Definitions.
As used in this subpart— (a) “Exchange (trade-in) property” means property which— (1) Is not excess but is eligible for replacement (because of obsolescence, unserviceability, or other reason); and (2) Is applied as whole or partial payment toward the acquisition of similar items (i.e., items designed and constructed for the same purpose). (b) “Property” means items that fall within one of the generic categories listed in DoD Manual 4140.01, Volume 9, DoD Supply Chain Materiel Management Procedures: Materiel Programs.
Source: acquisition.gov — DFARS
More parts
Have a solicitation to win?
Paste it into the free Contrax bid scorer — get an AI win-probability score with the FAR clauses that matter, in seconds. No signup required.