Other Government property. The Contractor may elect to compute the rental charge using the appraisal method described in paragraph (e)(1) of this clause subject to the constraints therein or the following formula in which rental time shall be expressed in increments of not less than one hour with portions of hours rounded to the next higher hour: The rental charge is calculated by multiplying 2 percent of the acquisition cost by the hours of rental time, and dividing by 720.
Appears in 5 contracts
Samples: Terms and Conditions, Purchase Order, Contract
Other Government property. The Contractor may elect to compute the rental charge using the appraisal method described in paragraph (e)(1) of this clause subject to the constraints therein or the following formula in which rental time shall be expressed in increments of not less than one hour with portions of hours rounded to the next higher hour: The hourly rental charge is calculated by multiplying 2 percent of the acquisition cost by the hours of rental time, and dividing by 720.
Appears in 4 contracts
Samples: Cybersecurity Support Agreement (Castellum, Inc.), Contract Clauses, Contract Clauses
Other Government property. The Contractor may elect to compute calculate the final rental charge using the appraisal method described in paragraph (e)(1c)(1) of this clause subject to the constraints therein or the following formula in which rental time shall be expressed in increments of not less than one hour with portions of hours rounded to the next higher hour: The rental hour-- Rental charge is calculated by multiplying 2 percent of the acquisition cost by the = (Rental Time in hours) (.02 per month) (Acquisition Cost)/720 hours of rental time, and dividing by 720.per month
Appears in 1 contract
Samples: Contract (Acorn Holding Corp)
Other Government property. The Contractor may elect to compute calculate the final rental charge using the appraisal method described in paragraph (e)(1c) (1 ) of this clause subject to the constraints therein or the following formula in which rental time shall be expressed in increments of not less than one hour with portions of hours rounded to the next higher hour: The rental charge is calculated by multiplying 2 percent of the acquisition cost by the β 720 hours of rental time, and dividing by 720.per month
Appears in 1 contract
Samples: Facilities Use Contract (Vought Aircraft Industries Inc)
