Non-Expendable Property. Non-expendable property is defined as property or equipment having a value of $5000 or more with a life expectancy of more than one year. Non-expendable property purchased under this contract cannot be sold, traded, or disposed of in any manner without the expressed written permission of the Department.
Non-Expendable Property. The following provisions apply to the extent that the grant allows the acquisition of non-expendable property.
Non-Expendable Property. Any acquisition by CONTRACTOR of non-expendable property with a retail purchase price in excess of five-hundred dollars ($500.00), that is required by CONTRACTOR for performance of this Contract, must require prior written approval of COUNTY. COUNTY will be the legal owner of all equipment that is purchased with COUNTY funds. COUNTY may take possession of its equipment if it is not being used primarily for program purposes and will determine disposition of that equipment upon expiration or termination of this contract.
Non-Expendable Property. Costs for non-expendable property purchases, including cache refurbishment/replacement charges, by each agency will be charged directly to that agency and will not be shared. Expendable property is shared through the Incident Support Cost camp rate. Investigation: Investigation costs are the responsibility of the jurisdictional agency and costs will not be shared. Documents required by each Agency are defined as follows: During the incident:
Non-Expendable Property. The GRANTEE is not authorized to use funds provided herein for the purchase of any non-expendable equipment or personal property valued at $1,000 or more for performance under this Agreement.
Non-Expendable Property. A. Subrecipient must contact FRWIB to determine the availability of non-expendable equipment or other personal property (“Property”) held in FRWIB’s inventory before procuring new Property under this Agreement. Subrecipient’s contract administrator must document the request for availability after contacting FRWIB. FRWIB must approve all Property expenditure plans before Subrecipient may initiate procurement, as documented in FRWIB’s Procurement Policy, as amended, which is included in the FRWIB Policies, Procedures, and Directives. Subrecipient must adhere to FRWIB’s Procurement Policy, as amended, and any other policies pertaining to procurement, rental, lease, inventory control, usage, and safeguards of Property funded under this Agreement, each of which is included in the FRWIB Policies, Procedures, and Directives. FRWIB will hold title to all Property obtained from FRWIB or purchased by Subrecipient with funds provided under this Agreement.
Non-Expendable Property. A property record inventory, including sources of funds for acquisition, date of acquisition, cost of acquisition, description, model, and serial number, and conditions will be maintained on all non-expendable items of equipment acquired for the project. Any purchases of non-expendable property over $ 100 LRCOG must be notified in order for the item(s) to be added to the master senior center list. Purchases over $ 150 must have approval by LRCOG. Upon termination of the project, an inventory report will be submitted to LRCOG for a determination by ADSS as to the disposition of the equipment items. At the discretion of ADSS, equipment accountability may be satisfied by refunding to ADSS an amount equivalent to the fair market value of the equipment, returning the equipment to ADSS, using the equipment on other aging projects, or transferring the equipment on other aging projects, or transferring the equipment to another federal grantee. Provider will be responsible for reporting the loss, damage, or destruction of any equipment item and for replacing or repairing such equipment items within tenworking days from the report of such loss, damage or destruction.
Non-Expendable Property. A record shall be maintained by SUBRECIPIENT for each item of non-expendable property acquired for this program with Grant Proceeds. This record shall be provided to ANAHEIM as well as being available for inspection and audit upon the request of ANAHEIM. Non-expendable property means tangible personal property having a useful life of more than one (1) year and an acquisition cost of Three Hundred Dollars ($300.00) or more per unit. SUBRECIPIENT shall not purchase or agree to purchase non-expendable property without the prior written approval of ANAHEIM. Upon completion or early termination of this Agreement, ANAHEIM reserves the right to determine the final disposition of such non-expendable property in compliance with applicable laws and regulations. Such disposition may include, but is not limited to, ANAHEIM taking possession of such non-expendable property.
Non-Expendable Property. A record shall be maintained by Subrecipient for each item of non-expendable property acquired for this program with Subgrant Proceeds. This record shall be provided to City as well as being available for inspection and audit upon the request of City. Non-expendable property means tangible personal property having a useful life of more than one (1) year and an acquisition cost of Three Hundred Dollars ($300.00) or more per unit. Subrecipient shall not purchase or agree to purchase non- expendable property without the prior written approval of City. Upon completion or early termination of this Agreement, City reserves the right to determine the final disposition of such non-expendable property in compliance with applicable laws and regulations. Such disposition may include, but is not limited to, City taking possession of such non- expendable property.
