Common use of Notification of Property Damage Clause in Contracts

Notification of Property Damage. In the event that the facility or any of its systems suffers damage in excess of $10,000, or causes damage to other property in excess of $10,000, a notification must be provided to the cognizant NSF Program Officer by email within 24 hours. If the damage results in the inability of the awardee to carry out NSF supported research or occurred during an NSF supported project, a full report of the incident should be submitted to the cognizant NSF Program Officer no later than seven days after the awardee becomes aware that NSF research will be impacted or seven days after the event if it occurs during an NSF supported research project.

Notification of Property Damage. ‌ In the event that the facility or any of its systems suffers damage in excess of $10,000, or causes damage to other property in excess of $10,000, a notification must be provided to the cognizant NSF Program Officer by email within 24 hours. If the damage results in the inability of the awardee to carry out NSF supported research or occurred during an NSF supported project, a full report of the incident should be submitted to the cognizant NSF Program Officer no later than seven days after the awardee becomes aware that NSF research will be impacted or seven days after the event if it occurs during an NSF supported research project.project.‌