What Does GFP Stand For?
GFP stands for Government Furnished Property
GFP, or Government Furnished Property, refers to property provided by the government to contractors or grantees for use in contract performance. This can include equipment, materials, or facilities that are essential for executing contractual obligations. The management, maintenance, and accountability of GFP are typically governed by specific regulations to ensure proper use and safeguarding against loss or damage.
Added on 14th April 2008 | Last edited on 17th June 2025 | Edit Acronym