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 CDBG funds by the contract termination date. The status report should inventory all equipment and non-real properties purchased with CDBG funds and state the condition of the equipment and its location.

Appears in 5 contracts

Sources: Contract Agreement, Contract Agreement, Contract Agreement