Federal record, as defined in 44 U.S.C. 3301,includes,regardless,made,functions,policies,decisions,procedures,operations,or.S. Government or because of the informational value of data in them.

Records inventory means a descriptive listing of each Federal record series or system that a contractor creates, receives, or maintains in performance of the contract, together with an indication of its location, retention, custodian, volume, and other pertinent data.