Common use of EQUIPMENT AND CONTROLLED ASSETS Clause in Contracts

EQUIPMENT AND CONTROLLED ASSETS. 1. Equipment and controlled assets determined necessary for the provision or reporting of services covered under this Statement of Work and those purchased with grant funding (e.g., computers, software, mobile phones, and peripherals) are owned by Grantee. Grantee is responsible for maintaining updates for all software, including but not limited to: operating systems, antivirus, and malicious software protection, and the regular and routine maintenance and upkeep. HHSC holds no responsibility for maintaining any equipment or controlled assets used or purchased by Grantee for any disaster services performed under the Contract. 2. Grantee must maintain an inventory of all equipment and controlled assets purchased and make such inventory available upon HHSC request. The inventory shall include: a. A description of the property item; b. Serial and/or model or other identification number(s), when available; c. The acquisition date and cost; d. The location, use, and condition of the property item; and e. The source of the funding for the property item. 3. Xxxxxxx’s record of the disposition of the property item must include the date of disposal and sale price, if applicable. Property items must be retained in accordance with the Code of Federal Regulations, Title II, Subtitle A, Chapter II, Part 200, §200.313.

EQUIPMENT AND CONTROLLED ASSETS. 1. Equipment and controlled assets determined necessary for the provision or reporting of services covered under this Statement of Work and those purchased with grant funding (e.g., computers, software, mobile phones, and peripherals) are owned by Grantee. Grantee is responsible for maintaining updates for all software, including including, but not limited to: operating systems, ; antivirus, and malicious software protection, ; and the regular and routine maintenance and upkeep. HHSC holds no responsibility for maintaining any equipment or controlled assets used or purchased by Grantee for any disaster services performed under the Contract. 2. Grantee must maintain an inventory of all equipment and controlled assets purchased and make such inventory available upon HHSC request. The inventory shall include: a. A description of the property item; b. Serial and/or model or other identification number(s), when available; c. The acquisition date and cost; d. The location, use, and condition of the property item; and e. The source of the funding for the property item. 3. Xxxxxxx’s record of the disposition of the property item must include the date of disposal and sale price, if applicable. Property items must be retained in accordance with the Code of Federal RegulationsRegulations (CFR), Title II, Subtitle A, Chapter II, Part 200, Subpart D, §200.313200.213.