BIS Website - Q.5: What does the term “Government Furnished Equipment (GFE)” mean in paragraph (b)(2)(iii)(E) of License Exception GOV?
A.5: According to Federal Acquisition Regulation 52.245-1, "'Government-furnished property' means property in the possession of, or directly acquired by, the Government and subsequently furnished to the Contractor for performance of a contract. Government-furnished property includes, but is not limited to, spares and property furnished for repair, maintenance, overhaul, or modification. Government-furnished property also includes contractor-acquired property if the contractor-acquired property is a deliverable under a cost contract when accepted by the Government for continued use under the contract." For purposes of paragraph (b)(2)(iii)(E), BIS uses this same definition for Government Furnished Equipment (GFE).