Nonexpendable definition
Examples of Nonexpendable in a sentence
Nonexpendable property is defined as having a useful life of at least two years and an acquisition cost of $5,000 or more.
Nonexpendable property is defined as having a useful life of at least two years and an acquisition cost of five thousand dollars ($5,000) or more.
For the requirements of this Nonexpendable Property section of the Agreement, "nonexpendable property" is the same as “property” as defined in s.
Non-expendable equipment shall be returned to the Government upon the conclusion of the TO.
You will maintain a current inventory listing of such Non-expendable Personal Property and will deliver a copy of such listing to the City on an annual basis.
You will return all Non-expendable Personal Property to the City, upon the termination of the Services, completion of this Agreement or at any time requested by the Department.
However, upon the receipt of the final inventory of all Non-expendable Personal Property, the City may allow such property to remain in your possession if the City, in its sole discretion, determines that the Non-expendable Personal Property is necessary for the performance of any new or other services by you for the City.
Non-expendable personal property is defined as property which will not be consumed or lose its identity during the contract term, has a value of $100.00 or more at the time of purchase, and is expected to have a useful life of one year or more.
Non-expendable personal property shall not be purchased by the Contractor from funds from this Contract unless OEWD has given its approval.
Non-expendable equipment so inventoried are those items of equipment that have a normal life expectancy of one year or more and an approximate unit price of $5,000 or more.