The contracting officer shall obtain approval  of an authorized representative of the requiring activity before transferring property  between contracts.

(S-90) When the use of FAR clause 52.245-1,  Government Property, is required, the contracting officer shall complete Annex 9,  Government-Furnished Property Preaward Compliance Checklist, with the Business  Clearance Memorandum (BCM).

(a) To accomplish the screening requirements  within prescribed time periods, the following procedures shall be employed:

(S-90)(1) Upon receipt of inventory schedules  in acceptable form, the plant clearance office should provide an original to the  requiring activity and copies to DON inventory managers, the contracting activity, and  Naval activities other than inventory managers who have potential requirements for the  property.

(2) Provide retention and redistribution  requirements of the owning Commands, Offices and Bureaus (requiring activities),  inventory managers, contracting activities and other Naval activities directly to the  reporting office during this period.

(b) The final approval for contractor  retention of standard components of special test equipment (STE) or for the transfer  of industrial plant equipment items that are components of STE, shall be made by the  contracting officer in lieu of the ACO.

(c) Prior to authorizing  retention of items in storage the contracting officer shall ensure that a retention  plan has been developed. Retention plans shall include the justification for storage,  a detailed description of the property to be stored, storage costs, location, planned  period of storage, and source of funds for storage. The use of "no costs" or no direct  cost storage agreements is prohibited.