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. 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. 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 a. For the purpose of this Agreement, “non-expendable property” shall mean any equipment or other portable property that will not be consumed and has a life expectancy in excess of one year. Non- expendable property shall not be construed to mean any physical improvement constructed as part of the Project or any living plant material after it has been appropriately planted.
b. The Grantee shall provide the City a list of any non-expendable property purchased with these funds. The list should identify the non-expendable property by description, model, serial number, date of acquisition and cost. Non-expendable property shall be owned by the City. The Grantee may retain possession of any non- expendable property purchased with these funds subject to the following conditions:
(1) The Grantee shall use the non-expendable property for the purpose described in the Project.
(2) The Grantee shall not sell or dispose of any non-expendable property unless prior permission is obtained from the City in writing.
(3) Unless otherwise specifically identified, the Grantee shall have the exclusive responsibility for the maintenance of the non-expendable property, including routine cleaning, repair or replacement upon theft, damage or excessive wear. This does not preclude the use of City funds to maintain non-expendable property if such use is identified in the Project.
(4) Upon expiration or termination of this Agreement, the City shall have the right to take exclusive possession, control and all other ownership rights of the non-expendable property. The Grantee shall immediately return all non-expendable property to the City.
(5) The City shall have the right to take exclusive possession, control and all other ownership rights of the non-expendable property at any time prior to the expiration of this Agreement if the Grantee violated any terms or condition of this Agreement or the Project or Budget.
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.
B. Subrecipient must designate a member of its staff as the person-in-charge for any Property that Subrecipient receives or acquires from FRWIB. This designation does not relieve Subrecipient of any responsibility or liability under this Agreement.
C. Subrecipient must account for non-expendable Property in the budget contained in Exhibit B. Subrecipient must maintain accurate records and fully document all Property purchased, donated, or received from FRWIB funds or programs. These records must reflect all pertinent data regarding the Property, including, without limitation, description, cost, serial number, location, condition, and Subrecipient number. Subrecipient must maintain, at all times, an inventory listing all Property in Subrecipient’s possession. Subrecipient must immediately record and report to FRWIB’s General Services Manager any transfer (to or from its location) of any FRWIB-owned Property.
D. Subrecipient must document all theft of Property. For each instance of theft, Subrecipient must provide to FRWIB, a “Request for Relief of Accountability” form, a copy of the police theft report, any other related information, or any information requested by FRWIB.
E. Subrecipient must maintain, at its sole expense, all Property in its possession. Subrecipient must repair any Property that is damaged while being used in Subrecipient’s performance of the Services. Subrecipient may use WIOA funds for these repairs. If, however, any item of Property malfunctions while under factory guarantee or warranty, Subrecip...
Non-Expendable Property. A record shall be maintained by the SUB-RECIPIENT for each item of non-expendable property acquired for this program with Measure H funds. This record shall be provided to CITY as well as being available for inspection and audit upon reasonable notice by the CITY at the request of the 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. The SUB- RECIPIENT shall not purchase or agree to purchase non-expendable property without the prior written approval from the CITY. Upon completion or early termination of this Agreement, CITY reserves the right to determine the final disposition of the non- expendable property acquired for this program and Measure H funds in compliance with applicable laws and regulations. The disposition may include, but is not limited to, CITY taking possession of the non-expendable property.
Non-Expendable Property. The following provisions apply to the extent that the grant allows the acquisition of non-expendable property.
i. Non-Expendable Property Defined. For the requirements of this section of the 273.02, F.S. (equipment, fixtures, and other tangible personal property of a non- consumable and non-expendable nature, with a value or cost of $1,000.00 or more, and a normal expected life of one (1) year or more; hardback-covered bound books that are circulated to students or the general public, with a value or cost of $25.00 or more; and uncirculated hardback-covered bound books, with a value or cost of $250.00 or more).
