Common use of Property Control Clause in Contracts

Property Control. Effective control and accountability must be maintained for all property. The subrecipient must adequately safeguard all such property and must assure that it is used for authorized purposes as described in the NOFO, grant application, and Code of Federal Regulations 2

Appears in 4 contracts

Sources: Subrecipient Agreement, Subrecipient Agreement, Subrecipient Agreement

Property Control. Effective control and accountability must be maintained for all property. The subrecipient must adequately safeguard all such property and must assure that it is used for authorized purposes as described in the NOFOFOA, grant application, and Code of Federal Regulations 2(CFRs). The subrecipient shall exercise caution in the use, maintenance, protection and preservation of such property.

Appears in 3 contracts

Sources: Subgrantee Agreement, Subgrantee Agreement, Subgrantee Agreement

Property Control. Effective control and accountability must be maintained for all property. The subrecipient must adequately safeguard all such property and must assure that it is used for authorized purposes as described in the NOFOFOA, grant application, and Code of Federal Regulations 2(44 CFR 13.32). The subrecipient shall exercise caution in the use, maintenance, protection and preservation of such property.

Appears in 2 contracts

Sources: Subgrantee Agreement, Subgrantee Agreement