Durable Property definition

Durable Property means Government-owned items that have a useful life expectancy greater than one Incident (e.g., sleeping bags, water handling accessories, tents, headlamps, tools) and that are not designated as Accountable Property. Durable Property may be marked with paint or etching to show “US GOVT” or other Government-specific marking.
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Examples of Durable Property in a sentence

  • Contractor shall maintain all loaned Accountable Property or Durable Property in good condition during use and shall return all such loaned Property loaned by Government before departing from the Incident.

  • Federal Accounting Regulations prohibit Government from exchanging or replacing Accountable Property or Durable Property.

  • F 5.1 To ensure continued safe, efficient operations at an Incident, Government may loan, at Government’s discretion, PPE or Durable Property to Contractor for use at the Incident, if necessary.

  • F 5.1 To ensure continued safe, efficient operations at an Incident, Government may loan Accountable Property or Durable Property to Contractor for use at the Incident.

  • To ensure continued safe, efficient operations at an Incident, Government may loan Accountable Property or Durable Property to Contractor for use at the Incident.

  • Contractor shall maintain all loaned PPE or Durable Property in good condition during use and shall return all such property loaned by Government before departing from the Incident, or less time as directed by Government.

  • Government is prohibited from exchanging or replacing PPE, Accountable Property or Durable Property.

Related to Durable Property

  • movable property means property of every description except immovable property;

  • immovable property shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property.

  • Taxable Property means all Assessor’s Parcels which are not Exempt Property.

  • Eligible Property means property beneficially owned by a person or entity other than the Fund and held in a bank account maintained by BNYM for or on behalf of the Fund, or property held in a Fund shareholder account, which is (x) subject to reporting or escheat under an Unclaimed Property Law, (y) of a nature or type or classification reasonably related to the services performed by BNYM under this Agreement (such as cash amounts representing non-negotiated dividend checks and shares in abandoned shareholder accounts), and (z) under the control of BNYM.

  • rateable property means property on which the municipality may in terms of Section 2 of the Property Rates Act 2004 levy a rate, but excluding property fully excluded from the levying of rates in terms of Section 17 of that Act.