PROPERTY ACCOUNTING. All personal property provided by CITY and by COUNTY for the purpose of providing Fire Services under the terms of this Agreement shall be marked and accounted for in such a manner as to conform to the standard operating procedure established by the COUNTY for the segregation, care, and use of the respective property of each.
PROPERTY ACCOUNTING. The Agency shall keep a written inventory, which shall be readily available upon inspection by the Recipient or its designee, of all equipment valued at Five- Hundred Dollars ($500.00) or more purchased with Xxxx Xxxxx Part A Grant Funds. The Agency must seek and gain Recipient approval prior to the purchase of any equipment valued at an amount greater than Five-Hundred Dollars ($500.00). The Agency further agrees to protect, insure, and maintain such equipment for its useful life. Such equipment shall be deemed as property of the Recipient and shall not be sole, leased, lent, encumbered, or in any other way disposed of by the Agency without Recipient’s prior written approval. Upon termination of this Contract, the Agency shall return all equipment, purchased with Xxxx Xxxxx Part A Grant Funds, to the Recipient unless directed by the Recipient otherwise.
PROPERTY ACCOUNTING a. Financial management of all operating expenses and property taxes in a timely manner;
b. Prepare and provide monthly property financial reports and annual financial statements inclusive of balance sheet, income statement cash flow statement, variance report, rent roll, and detailed property activity summary;
c. Prepare and manage an annual operating budget for the property inclusive of a capital budget, detailed leasing and expense projections, and cash flow projections;
PROPERTY ACCOUNTING. 33 A. Identification and Control..............................................33 B. Subcontractors..........................................................33 C. Inventory...............................................................33
PROPERTY ACCOUNTING. A. Identification and Control Contractor shall be directly responsible for and accountable for all * , * , subsystems or systems (whether in its possession or, where feasible, the possession of any of its Subcontractors) which are designated to become the property of NSS pursuant to the terms of this Contract, and which are part of the Items to be Delivered under this Contract. For this purpose, Contractor shall establish and maintain a system to control, protect, preserve and identify, at all times and until the Delivery and Acceptance of the last Item to be delivered hereunder, all of the aforementioned property in its possession
PROPERTY ACCOUNTING. 11.1 Identification and Control 11.2 Use of Inventory Parts/Use of Customer’s Parts 12.1 Contract Change Notice 12.2 Acceptance of Change 12.3 Non Refusal
12.4 Price of Changes
12.5 Changes To Meet Specifications 12.6 Change of Designated Orbital Position of Satellite Ka-5
PROPERTY ACCOUNTING. A. Identification and Control
PROPERTY ACCOUNTING. SYSTEM The State will maintain access to Federal Excess Property Management Information System (FEPMIS) (or current property accounting system), to ensure LEAs maintain
a) Conduct quarterly reconciliations of State property records.
b) Ensure at least one person per XXX maintains access to the property accounting system. Users may be “active” or “inactive” in the system, so long as they are registered. Ensure registered users are employees of the State/LEA.
c) Ensure LEAs receive and account for property in the property accounting system within 30 days.
PROPERTY ACCOUNTING. SYSTEM The State will maintain access to Federal Excess Property Management Information System (FEPMIS) (or current property accounting system), to ensure LEAs maintain property books, to include, but not limited to, transfers, turn-ins, and disposal requests from an LEA or to generate these requests at the State-level and forward all approvals to the LESO for action. The State will:
a) Conduct quarterly reconciliations of State property records.
b) Ensure at least one person per XXX maintains access to the property accounting system. Users may be “active” or “inactive” in the system, so long as they are registered. Ensure registered users are employees of the State/LEA.
c) Ensure LEAs receive and account for property in the property accounting system within 30 days.
PROPERTY ACCOUNTING. SUPPLIER shall account for all supplies, parts, materials, components, subsystems or systems in its possession which are designated by SUPPLIER, in accordance with SUPPLIER’s normal inventory control practice, to become the property of ORBCOMM pursuant to the terms of this Agreement, and which are part of the items to be Delivered under this Agreement. For this purpose, SUPPLIER shall maintain a system to control, protect, preserve and identify, at all times and until the Delivery and acceptance of the last item to be Delivered hereunder, all of the aforementioned property in its possession. Once supplies, parts, materials, components, subsystems or systems have been installed on or designated for a Satellite under SUPPLIER’s internal system, such supplies, parts, materials, components, subsystems or systems shall not be redeployed to another of SUPPLIER’s programs without ORBCOMM’s prior written consent, and in no event if such redeployment would jeopardize the schedule for Delivery of a Flight Satellite or any other item hereunder. SUPPLIER shall retain inventory records reflecting the foregoing until the Delivery and acceptance of the last item to be Delivered pursuant to this Agreement. SUPPLIER shall make inventory records and the property to which they relate available for ORBCOMM review and inspection, upon reasonable notice and at reasonable times.
