Asset Tracking Clause Examples
The Asset Tracking clause establishes procedures and requirements for monitoring and recording the location, status, and condition of assets covered by the agreement. Typically, this involves maintaining an up-to-date inventory, using tracking technologies or logs, and reporting any changes or discrepancies to the relevant parties. By implementing these measures, the clause ensures accountability, reduces the risk of loss or misplacement, and facilitates efficient management of valuable property.
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Asset Tracking. (a) Supplier shall adhere to the Gap Asset Management process.
(b) Supplier shall utilize Gap-provided asset tools for Workstation Equipment and Software that support auto discovery and facilitate effective deployment and re-use of Gap-owned Equipment and Software, and enable a common view in terms of information access and presentation by Gap and Supplier.
Asset Tracking. In order to track luminaires through supply, installation and maintenance, Offerors will label each luminaire with a unique bar code. Purchasers will provide data specific to their requirements (e.g. location); Offerors should provide data including: • Manufacturer and model number • Date of manufacture • Colour temperature • Driver current • Wattage
Asset Tracking. (a) Supplier shall maintain the Asset Inventory and Management System, per the Procedures Manual, such that it contains an accurate and current list and description of workstation hardware and software by conducting an initial physical inventory of Workstation Equipment and Software supported by Supplier in connection with the provision of the End User Services.
(b) Supplier shall use Gap provided asset autoscan tools which provide the hardware and software information listed in Appendix A-1 (Asset Reporting Information) for each such Workstation and submit it to the “* Service Center.”
(c) Supplier shall utilize Gap-provided asset tools for Workstation Equipment and Software that support auto discovery (*), facilitate effective deployment and re-use of Gap and Supplier-owned Equipment and Software, and enable a common view in terms of information access and presentation by Gap and Supplier.
(d) Supplier shall provide the Gap Asset Inventory and Management data to authorized Gap personnel and Supplier Help Desk, and as required for other Help Desk tools and processes, including verifying inventory information upon a Help Desk request for on-site service using Procedures Manual.
(e) Supplier shall verify, where appropriate, inventory information upon an Authorized User’s request for IMACs per the Procedures Manual.
(f) Supplier shall verify, where appropriate, inventory information upon an Authorized User’s request for * service received from the Help Desk.
(g) Supplier shall update the Gap Asset Inventory and Management System by removing assets that are no longer in use to the extent Supplier is aware of such assets, modifying asset information due to IMACs, which may include asset relocation and/or use by a different Authorized User, * Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. modifying asset information due to upgrades, Software updates, adding new asset information upon Implementation of new Equipment or Software and when additional Gap information is provided, and including Third Party information where appropriate (e.g., Third Party Vendors providing Equipment disposal services).
Asset Tracking. The Contractor shall support Government asset management activities by providing accountability, tracking, and reporting of assigned hardware, software, licenses, and warranty information. The Contractor shall provide hardware, software, and firmware asset data elements as defined by the Government. The Contractor shall report any changes to asset data, such as changes in equipment location, resulting from warranty actions. Upon the receipt of any Government Furnished Equipment/Information (GFE/GFI), the contractor shall inventory and complete a signed confirmation of the transfer for the property or information in the approved Government system. The Contractor shall report all additions, changes, or deletions to an environment/location GFE/GFI, or if the responsible party changes. The Contractor shall notify the COR the next business day if they have received GFE/GFI that is defective, using the Contractor’s own format while including information adequate to determine what GFE/GFI is defective and a description of the defect. The Contractor shall support configuration status accounting, and physical configuration audits and physical inventories to maintain an accurate accountability of GCSS-MC/LCM Increment 1 assets.
Asset Tracking. Standard Asset labelling is required either as a bar code or unique number linked into CAFM System. Relevant Assets shall be included in the Forward Maintenance Register, which must then be updated during the life of the contract as Assets are added or deleted. Numerous elements of data storage against Assets including but not limited to location, warranty, parts and maintenance records. Logical grouping of Assets for easy storage, retrieval and viewing. Link between facilities Helpdesk and planned maintenance enables full visibility of an Asset’s service history. Future actions and maintenance requirements will generate alerts at the appropriate time. Integration with other facilities Data provides detailed financial and ownership details. Movement and tracking of Assets within existing or external systems. Association of Assets to personnel departments or locations. Asset contract association for automatic issue of related Service Requests to maintaining Supplier. Easy export of Asset Data to third party applications or generation of an Asset register. Full Asset reporting available for automatic distribution to interested parties. Ability for two-way communication, import data from third party financial software or export to a data file. Asset lifecycle reporting including repair details and costs per Asset Update of Assets with Condition Survey details to feed into an annual life cycle report for the Contracting Body consideration Identify Assets that are replaced or retired so that the Contracting Body can track against its financial records
Asset Tracking. Company shall perform tracking and asset management for all Company Provided Equipment and Provider Equipment, and ensure compliance with applicable contractual restrictions. With respect to any Provider Equipment leased by Provider, Provider shall structure its leasing arrangements so that the applicable leases may be assigned to Company upon the termination of this Agreement and so that any ongoing payments under those leases payable by Company after such assignment are consistent with, and no higher than, the payments payable by Provider prior to such assignment.
Asset Tracking. Vendor will define and implement the process for tracking assets throughout their life cycle from acquisition to disposal, including any changes performed for such assets. ACI will review, provide feedback and provide final approval for the process. Confidential Exhibit A-2 — Asset Services
a. Vendor will:
(1) define and implement the asset tracking process
(2) maintain the asset database capturing changes Vendor or ACI made as a result of:
(a) receipt of new assets;
(b) data scrubbing and validation (i.e., checking for nomenclature and data entry discrepancies such as validating that the asset type is numeric or alphanumeric);
(c) IMAC, hardware maintenance, and deskside support Services activity;
(d) asset storage, retirement, and disposal; and
(e) changes to End User-related data (for example, name, phone number, location address, department number, network connection).
(3) perform electronic inventory and/or bar code scans on hardware in conjunction with performing on-site Services (for example, deskside support, IMAC, hardware maintenance) and update the asset database;
(4) add assets for which no record is found to the asset database as such assets are located during an inventory or are otherwise discovered, for example, during a Service Desk support call, and notify the ACI Focal Point of such additions;
(5) coordinate and perform periodic physical or electronic asset validations and report the results to ACI;
(6) forward information on all asset discrepancies and/or issues to the ACI Focal Point for resolution;
(7) provide reasonable assistance to ACI in resolving asset database discrepancies or issues;
(8) provide a monthly standard report and annual rollup report to ACI, as well as provide “as needed” reports in a mutually agreed upon timeframe; and
(9) Electronically link asset management tools, processes, and the Asset Inventory and Management System to the Incident Management System, Change Management procedures, and other Service Desk tools and processes in order to effectively leverage the information contained therein.
b. ACI will:
(1) assist Vendor in the definition of the asset tracking process;
(2) provide Vendor changes ACI made to the assets as a result of:
(a) Asset disposal in sites where there is no on-site Vendor support;
(b) changes to End User-related data (for example, name, phone number, Location address, department number, network connection);
(3) ensure End Users perform their responsibilities in accordance with the establish...
Asset Tracking. IBM will define, per VMU’s requirements, and implement the process for tracking assets throughout their life cycle from acquisition to disposal, including any changes performed for such assets.
Asset Tracking. GM and ENERGYX will create a structured tracking mechanism for asset introductions made by GM to ENERGYX which will include a formal tracking spreadsheet and process.