Common use of Inventory Management Clause in Contracts

Inventory Management. The Subrecipient must submit an annual statement identifying the status of all equipment and non-real property items purchased with ARPA funds through the Agreement termination date. The status report should inventory all equipment and non-real properties purchased with ARPA funds and state the condition of the equipment and its location.

Inventory Management. The Subrecipient must submit an annual statement identifying the status of all equipment and non-real property items purchased with ARPA funds through the throughthe Agreement termination date. The status report should inventory all equipment and non-real properties purchased with ARPA funds and state the condition of the equipment and its location.