NONEXPENDABLE EQUIPMENT Clause Samples
The NONEXPENDABLE EQUIPMENT clause defines the rules and responsibilities regarding equipment that is not intended to be consumed or disposed of during the course of a contract or project. Typically, this clause outlines how such equipment should be tracked, maintained, and returned or accounted for at the end of the agreement. For example, it may require the contractor to keep an inventory of items like computers, machinery, or tools provided for the project. The core function of this clause is to ensure accountability and proper management of valuable assets, preventing loss or misuse and clarifying ownership and disposition at the contract’s conclusion.
NONEXPENDABLE EQUIPMENT. Recipients purchasing equipment or products with funds provided under this award are encouraged to use such funds to purchase only American-made equipment and products. Title to nonexpendable equipment purchased with award funds will vest in the recipient upon completion of the award project and acceptance by NRCS of required final reports. When equipment is no longer needed by the recipient and the per-unit fair market value is less than $5,000, the recipient may retain, sell, or dispose of the equipment with no further obligation to NRCS. However, if the per-unit fair market value is $5,000 or more, the recipient must submit a written request to the NRCS administrative contact for disposition instructions.
NONEXPENDABLE EQUIPMENT. 27.1 All expendable equipment purchased by either party and contributed to this Agreement is and shall remain the property of the purchasing party.
27.2 Nonexpendable equipment placed upon U.S. Forest Service property by must have U.S. Forest Service approval and clearly marked as ’s property.
a. Said property shall be transported and maintained at ’s expense, absent a clear prior commitment from the U.S. Forest Service, to transport and maintain the equipment.
b. All of ’s property placed upon or in U.S. Forest Service property must be properly removed by , at ’s expense, upon termination or completion of this Agreement.
c. U.S. Forest Service shall retain any of ’s property, and take title thereto, if said property is not removed from the U.S. Forest Service property within thirty (30) days of the termination or completion of this Agreement.
d. U.S. Forest Service property disturbed by the placement of ’s property must be returned to its original condition by and at the expense of .
NONEXPENDABLE EQUIPMENT a. Recipients purchasing equipment or products with funds provided under this award are encouraged to purchase only American-made equipment and products. A state must use, manage and dispose of equipment acquired under a Federal award by the state in accordance with state laws and procedures. All other recipients must follow these procedures.
b. Title to equipment acquired under a Federal award will vest conditionally in the recipient upon acquisition. The recipient must not encumber the property without approval of the Government.
c. The recipient must use the equipment for the authorized purposes of the project for as long as needed whether or not the project or program continues to be supported by the Federal award. When no longer needed for the original program or project, the equipment may be used in other activities supported by the Federal awarding agency, in the following order of priority:
1. Activities under a Federal award from the Federal awarding agency which funded the original program or project, then
2. Activities under Federal awards from other Federal awarding agencies.
d. The recipient must maintain property records that include a description of the property, a serial number or other identification number, the source of funding for the property (including the ▇▇▇▇), who holds title, the acquisition date, and cost of the property, percentage of Federal participation in the project costs for the Federal award under which the property was acquired, the location, use and condition of the property, and any ultimate disposition data including the date of disposal and sale price of the property.
e. The recipient must take a physical inventory of the property and reconcile the results with the property records at least once every two years until final disposition.
f. When equipment is no longer needed for any of the purposes set out in this provision and the per-unit fair market value is less than $5,000, the recipient may retain, sell, or dispose of the equipment with no further obligation to FPAC. However, if the per-unit fair market value is $5,000 or more, the recipient must submit a written request for disposition instructions to ▇▇▇▇.▇▇.▇▇▇@▇▇▇▇.▇▇▇.
NONEXPENDABLE EQUIPMENT. 27.1 All expendable equipment purchased by either party and contributed to this Agreement is and shall remain the property of the purchasing party.
27.2 Nonexpendable equipment placed upon U.S. Forest Service property by must have U.S. Forest Service approval and clearly marked as ’s property. Said property shall be transported and maintained at ’s expense, absent a clear prior commitment from the U.S. Forest Service, to transport and maintain the equipment. All of ’s property placed upon or in U.S. Forest Service property must be properly removed by , at ’s expense, upon termination or completion of this Agreement.
NONEXPENDABLE EQUIPMENT. If the Grantee has been approved to purchase equipment or products with funds provided under this grant, the Grantee is encouraged to purchase only American-made equipment and products. Title to nonexpendable equipment purchased with grant funds will vest in the Grantee upon completion of the Project and acceptance by FWWA, GLC, and USDA-NRCS of required final reports. When equipment is no longer needed by the Grantee and the per-unit fair market value is less than $5,000, the Grantee may retain, sell, or dispose of the equipment with no further obligation to FWWA, GLC or USDA- NRCS. However, if the per-unit fair market value is $5,000 or more, the Grantee must submit a written request to FWWA for disposition instructions.
NONEXPENDABLE EQUIPMENT. If the Grantee has been approved to purchase equipment or products with funds provided under this grant, the Grantee is encouraged to purchase only American-made equipment and products. Title to nonexpendable equipment purchased with grant funds will vest in the Grantee upon completion of the grant project and acceptance by the GLC and USDA-NRCS of required final reports. When equipment is no longer needed by the Grantee and the per-unit fair market value is less than $5,000, the Grantee may retain, sell, or dispose of the equipment with no further obligation to the GLC or USDA-NRCS. However, if the per-unit fair market value is
NONEXPENDABLE EQUIPMENT. If the Grantee has been approved to purchase equipment or products with funds provided under this grant, the Grantee is encouraged to purchase only American-made equipment and products. Title to nonexpendable equipment purchased with grant funds will vest in the Grantee upon completion of the grant Project and acceptance by the Commission and USDA-NRCS of required final reports. When equipment is no longer needed by the Grantee and the per-unit fair market value is less than $5,000, the Grantee may retain, sell, or dispose of the equipment with no further obligation to the Commission or USDA-NRCS. However, if the per-unit fair market value is $5,000 or more, the Grantee must submit a written request to the Commission and USDA- NRCS for disposition instructions.