Common use of Asset Register Clause in Contracts

Asset Register. 31.1.1 By no later than 20 Business Days after the end of each quarter of a Contract Year after the Go Live Date the Service Provider must provide Health with a current Asset Register for Assets used in the delivery of the Register and Services. The Service Provider will use the Asset Register as the base Document for Asset Register updates. 31.1.2 On a periodic basis, at 6 Monthly intervals (or more frequently if requested by Health), the Service Provider must update the Asset Register , and must continuously update the Asset Register as required to conduct the following actions: (a) remove Assets that are no longer in use; (b) modify Asset information resulting from Asset relocation; (c) modify Asset information in response to upgrades and Software updates; (d) add new Asset information upon implementation of new Equipment or Software; (e) capture information about Software Licences and Software Licence usage; (f) include details where Incidents relate to Assets; and (g) track and report on the completion progress of Asset refresh by lease-end date (where applicable).