Definition.

Federal Acquisition Regulations System 1 2023-10-01 2023-10-01 false Definition. 46.802 Section 46.802 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION CONTRACT MANAGEMENT QUALITY ASSURANCE Contractor Liability for Loss of or Damage to Property of the Government 46.802 Definition. High-value item, as used in this subpart, means a contract end item that (a) has a high unit cost (normally exceeding $100,000 per unit), such as an aircraft, an aircraft engine, a communication system, a computer system, a missile, or a ship, and (b) is designated by the contracting officer as a high-value item.