Common use of Property Report Clause in Contracts

Property Report. See Article XII. The Performer shall submit a report identifying all items of property procured with an acquisition value greater than $10,000 upon completion of the Agreement. (NOTE: THIS DESCRIPTION IS INFORMATIONAL TO ADDRESS WHAT IS NECESSARY TO HAVE IN THE MILESTONE SCHEDULE. DELETE PRIOR TO AWARD, AND LEAVE ONLY THE SCHEDULE HERE. The following chart will detail the list of milestones. Each milestone will mark the completion of a measurable event (i.e., completing a baseline execution plan, completing development of a part of the prototype, completing a test plan, completing production of the prototype, completing and submitting the final report, etc). Status reports cannot be milestones. The milestone description will show how the milestone will be demonstrably completed. Payments associated with each milestone must reflect the actual comprehensive costs to achieve milestone completion.) DARPA PERFORMER FY XX $ $ FY XX $ $ FY XX $ $ DARPA funding shall be applied toward the following expenses: (list types of expenses).

Property Report. See Article XII. The Performer shall submit a report identifying all items of property procured with an acquisition value greater than $10,000 5,000 upon completion of the Agreement. (NOTE: THIS DESCRIPTION IS INFORMATIONAL TO ADDRESS WHAT IS NECESSARY TO HAVE IN THE MILESTONE SCHEDULE. DELETE PRIOR TO AWARD, AND LEAVE ONLY THE SCHEDULE HERE. The following chart will detail the list of milestones. Each milestone will mark the completion of a measurable event (i.e., completing a baseline execution plan, completing development of a part of the prototype, completing a test plan, completing production of the prototype, completing and submitting the final report, etc). Status reports cannot be milestones. The milestone description will show how the milestone will be demonstrably completed. Payments associated with each milestone must reflect the actual comprehensive costs to achieve milestone completion.) DARPA PERFORMER FY XX $ $ FY XX $ $ FY XX $ $ DARPA funding shall be applied toward the following expenses: (list types of expenses).