Common use of Asset Tracking Clause in Contracts

Asset Tracking. The Contractor shall support Government asset management activities by providing accountability, tracking, and reporting of assigned hardware, software, licenses, and warranty information. The Contractor shall provide hardware, software, and firmware asset data elements as defined by the Government. The Contractor shall report any changes to asset data, such as changes in equipment location, resulting from warranty actions. Upon the receipt of any Government Furnished Equipment/Information (GFE/GFI), the contractor shall inventory and complete a signed confirmation of the transfer for the property or information in the approved Government system. The Contractor shall report all additions, changes, or deletions to an environment/location GFE/GFI, or if the responsible party changes. The Contractor shall notify the COR the next business day if they have received GFE/GFI that is defective, using the Contractor’s own format while including information adequate to determine what GFE/GFI is defective and a description of the defect. The Contractor shall support configuration status accounting, and physical configuration audits and physical inventories to maintain an accurate accountability of GCSS-MC/LCM Increment 1 assets.

Appears in 2 contracts

Sources: Contract, Contract