### Question
How is the term contractor inventory defined?


### Answer
The term **contractor inventory** is defined in *40 U.S.C. § 472* as the following:

> (1) any property acquired by and in the possession of a contractor or subcontractor under a contract pursuant to the terms of which title is vested in the Government, and in excess of the amounts needed to complete full performance under the entire contract

#### Citation:
  - *40 U.S.C. § 472*
  - Heading: **CHAPTER 10-MANAGEMENT AND DISPOSAL OF GOVERNMENT PROPERTY > SUBCHAPTER I-GENERAL PROVISIONS**

