CFR > Title 41 - Public Contracts and Property Management > SUBTITLE C—Federal Property Management Regulations System > CHAPTER 109—DEPARTMENT OF ENERGY PROPERTY MANAGEMENT REGULATIONS (parts 109-1 to 109-50) > SUBCHAPTER A—GENERAL (parts 109-1 to 109-6) > PART 109-1—INTRODUCTION > SUBPART 109-1.51—Personal Property Management Standards and Practices (§109-1.5100 to §109-1.5148) > 109-1.5104—Borrowing of personal property.

109-1.5104—Borrowing of personal property.

(a) DOE organizations and designated contractors are encouraged to borrow personal property within DOE to further DOE programs. Property classified as Equipment Held For Future Projects (EHFFP) or as In Standby should be reviewed by those receiving availability inquiries for short-term use (one year or less). Borrowing of Government personal property from other Federal agencies is also encouraged when required for short periods of time. Such transactions shall be covered by written agreements which include all terms of the transaction.
(b) In determining whether it is practical and economical to borrow personal property, consideration shall be given to suitability, condition, value, extent and nature of use, extent of availability, portability, cost of transportation, and other similar factors.
(c) Adequate records and controls shall be established and maintained for borrowed property to ensure its proper control and prompt return to the lender.