Common use of Transit Vehicle Inventory Management Clause in Contracts

Transit Vehicle Inventory Management. The Agency will follow the Department’s Transit Vehicle Inventory Management Procedure (725-030-025), which outlines the requirements for continuing management control, inventory transfer and disposal actions. This procedure pertains ONLY to capital procurements of rolling stock using the FTA Section 5310, Section 5311, Section 5316 or Section 5317 programs as the funding source, or where the Department participates in 50% or more of the public transit vehicle's purchase price. This may include vehicles purchased under the State Transit Block Grant Program, State Transit Corridor Program, State Transit Service Development Program, or other applicable Departmental programs.

Transit Vehicle Inventory Management. The Agency will follow the Department’s Transit Vehicle Inventory Management Procedure (725-030-025), which outlines the requirements for continuing management control, inventory transfer and disposal actions. This procedure pertains ONLY to capital procurements of rolling stock using the FTA Section 5310, Section 5311, Section 5316 or 5316, and Section 5317 programs as the funding source, or where the Department participates in 50% or more of the public transit vehicle's ’s purchase price. This may include vehicles purchased under the State Transit Block Grant Program, State Transit Corridor Program, State Transit Service Development Program, or other applicable Departmental Department programs.

Transit Vehicle Inventory Management. The Agency agency will follow the Department’s Transit Vehicle Inventory Management Procedure (725-030-025025i), which outlines the requirements for continuing management control, inventory transfer and disposal actions. This procedure pertains ONLY to capital procurements of rolling stock using the FTA Section 5310, Section 5311, Section 5316 or and Section 5317 programs as the funding source, or where the Department participates in 50% or more of the public transit vehicle's ’s purchase price. This may include vehicles purchased under the State Transit Block Grant Program, State Transit Corridor Program, State Transit Service Development Program, or other applicable Departmental programs.