Common use of Physical Inventory Clause in Contracts

Physical Inventory. The Contractor shall periodically perform, record, and disclose physical inventory results. A final physical inventory shall be performed upon contract completion or termination. The Property Administrator may waive this final inventory requirement, depending on the circumstances (e.g., overall reliability of the Contractor’s system or the property is to be transferred to a follow-on contract).

Appears in 23 contracts

Samples: Additional Standard Terms and Conditions, Additional Standard Terms and Conditions for Purchase Orders, Additional Standard Terms and Conditions for Purchase Orders

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Physical Inventory. The Contractor shall periodically perform, record, and disclose physical inventory results. A final physical inventory shall be performed upon contract completion or termination. The Property Administrator may waive this final inventory requirement, depending on the circumstances (e.g., overall reliability of the Contractor’s 's system or the property is to be transferred to a follow-on contract).

Appears in 14 contracts

Samples: Cybersecurity Support Agreement (Castellum, Inc.), Fixed Price Supplies and Services, Fixed Price Supplies and Services

Physical Inventory. The Contractor Supplier shall periodically perform, record, and disclose physical inventory results. A final physical inventory shall be performed upon contract purchase order completion or termination. The Property Administrator may waive this final inventory requirement, depending on the circumstances (e.g., overall reliability of the ContractorSupplier’s system or the property is to be transferred to a follow-on contractpurchase order).

Appears in 1 contract

Samples: Construction Contract

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Physical Inventory. The Contractor shall periodically perform, record, and disclose physical inventory results. A final physical inventory shall be performed upon contract completion or termination. The Property Administrator may waive this final thisfinal inventory requirement, depending on the circumstances (e.g., overall reliability of the Contractor’s system or the property is to be transferred to a follow-on contract).

Appears in 1 contract

Samples: Solicitation Provisions and Contract Clauses

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