Common use of Disposal Method Clause in Contracts

Disposal Method. The Contractor shall submit a full prop- erty report, as described in this clause, in- cluding affirmation, for the report covering the first quarter of the base contract. There- after, submission of reports shall follow the time frames outlined in paragraph (h) below. Quarterly property reports, other than the annual report, may be either full property reports or only updates to the full property report. Quarterly reports do not require af- firmations even when the Contractor chooses to submit a full property report. Affirma- tions are only required for the report cov- ering the first quarter of the contract and the annual report for each subsequent option year of the contract. If the Contractor sub- mits a full property report, dispositions sub- sequent to any previous report must also be identified in the report. If a Contractor sub- mits a quarterly report in the form of an up- date, the update shall include acquisitions and dispositions.