Common use of PROPERTY AND SUPPLIES Clause in Contracts

PROPERTY AND SUPPLIES. Rev. dated 10-28-2015 Rev. dated 3-9-2020 No CPP 1. Contractor agrees to obtain all supplies and equipment for use in the performance of this contract at the lowest practicable cost and to purchase by means of competitive bidding whenever required by law. 2. Title to all property furnished in-kind by the Department shall remain with the Department. 3. Contractor has title to all personal property acquired by the contractor, including purchase by lease/purchase agreement, for which the contractor is to be reimbursed under this contract. Upon cancellation or termination of this contract, disposition of such purchased personal property which has a remaining useful life shall be made in accordance with the following provisions. a. The contractor and the Department may agree to transfer any item of such purchased property to another contractor designated by the Department. Cost of transportation shall be born by the contractor receiving the property and will be reimbursed by the Department. Title to all transferred property shall vest in the designated contractor. The Department will reimburse the Contractor for its share, if any, of the value of the remaining life of the property in the same manner as provided under subclause b of this paragraph. b. If the contractor wishes to retain any items of such purchased property, depreciation tables shall be used to ascertain the value of the remaining useful life of the property. The contractor shall reimburse the Department in the amount determined from the tables. c. When authorized by the Department in writing, the contractor may sell the property and reimburse the Department for its share. The Department reserves the right to fix the minimum sale price it will accept. 4. All property furnished by the Department or personal property acquired by the contractor, including purchase by lease-purchase contract, for which the contractor is to be reimbursed under this contract shall be deemed “Department Property” for the purposes of subsection 5, 6 and 7 of this section. 5. Contractor shall maintain and administer in accordance with sound business practice a program for the maintenance, repair, protection, preservation and insurance of Department Property so as to assure its full availability and usefulness. 6. Department property shall, unless otherwise approved in writing by the Department, be used only for the performance of this contract. 7. In the event that the contractor is indemnified, reimbursed or otherwise compensated for any loss, destruction or damage to Department Property, it shall use the proceeds to replace, repair or renovate the property involved, or shall credit such proceeds against the cost of the work covered by the contract, or shall reimburse the Department, at the Department’s direction.

PROPERTY AND SUPPLIES. Rev. dated 10-28-2015 Rev. dated 3-9-2020 No CPP‌ 1. Contractor The CHC-MCO agrees to obtain all supplies and equipment for use in the performance of this contract Agreement at the lowest practicable cost and to purchase by means of competitive bidding whenever required by law.law.‌ 2. Title to all property furnished in-kind by the Department shall remain with the Department. 3. Contractor The CHC-MCO has title to all personal property acquired by the contractorCHC-MCO, including purchase by lease/purchase agreement, for which the contractor CHC-MCO is to be reimbursed under this contractAgreement. Upon cancellation or termination of this contractAgreement, disposition of such purchased personal property which has a remaining useful life shall be made in accordance with the following provisions.provisions.‌ a. The contractor CHC-MCO and the Department may agree to transfer any item of such purchased property to another contractor designated by the Department. Cost of transportation shall be born by the contractor CHC-MCO receiving the property and will be reimbursed by the Department. Title to all transferred property shall vest in the designated contractorCHC-MCO. The Department will reimburse the Contractor CHC-MCO for its share, if any, of the value of the remaining life of the property in the same manner as provided under subclause b of this paragraph.paragraph.‌ b. If the contractor CHC-MCO wishes to retain any items of such purchased property, depreciation tables shall be used to ascertain the value of the remaining useful life of the property. The contractor CHC-MCO shall reimburse the Department in the amount determined from the tables.tables.‌ c. When authorized by the Department in writing, the contractor CHC-MCO may sell the property and reimburse the Department for its share. The Department reserves the right to fix the minimum sale price it will accept.accept.‌ 4. All property furnished by the Department or personal property acquired by the contractorCHC-MCO, including purchase by lease-purchase contract, for which the contractor CHC-MCO is to be reimbursed under this contract Agreement shall be deemed “Department Property” for the purposes of subsection 5, 6 and 7 of this section.section.‌ 5. Contractor The CHC-MCO shall maintain and administer in accordance with sound business practice a program for the maintenance, repair, protection, preservation and insurance of Department Property so as to assure its full availability and usefulness.usefulness.‌ 6. Department property shall, unless otherwise approved in writing by the Department, be used only for the performance of this contract.Agreement.‌ 7. In the event that the contractor CHC-MCO is indemnified, reimbursed or otherwise compensated for any loss, destruction or damage to Department Property, it shall use the proceeds to replace, repair or renovate the property involved, or shall credit such proceeds against the cost of the work covered by the contractAgreement, or shall reimburse the Department, at the Department’s direction.direction.‌

PROPERTY AND SUPPLIES. Rev. dated 10-28-2015 Rev. dated 3-9-2020 No CPP 1. Contractor agrees to obtain all supplies and equipment for use in the performance of this contract at the lowest practicable cost and to purchase by means of competitive bidding whenever required by law. 2. Title to all property furnished in-kind by the Department shall remain with the Department. 3. Contractor has title to all personal property acquired by the contractor, including purchase by lease/purchase agreement, for which the contractor is to be reimbursed under this contract. Upon cancellation or termination of this contract, disposition of such purchased personal property which has a remaining useful life shall be made in accordance with the following provisions. a. The contractor and the Department may agree to transfer any item of such purchased property to another contractor designated by the Department. Cost of transportation shall be born by the contractor receiving the property and will be reimbursed by the Department. Title to all transferred property shall vest in the designated contractor. The Department will reimburse the Contractor for its share, if any, of the value of the remaining life of the property in the same manner as provided under subclause b of this paragraph. b. If the contractor wishes to retain any items of such purchased property, depreciation tables shall be used to ascertain the value of the remaining useful life of the property. The contractor shall reimburse the Department in the amount determined from the tables. c. When authorized by the Department in writing, the contractor may sell the property and reimburse the Department for its share. The Department reserves the right to fix the minimum sale price it will accept. 4. All property furnished by the Department or personal property acquired by the contractor, including purchase by lease-purchase contract, for which the contractor is to be reimbursed under this contract shall be deemed “Department Property” for the purposes of subsection 5, 6 and 7 of this section. 5. Contractor shall maintain and administer in accordance with sound business practice a program for the maintenance, repair, protection, preservation and insurance of Department Property so as to assure its full availability and usefulness. 6. Department property shall, unless otherwise approved in writing by the Department, be used only for the performance of this contract. 7. In the event that the contractor is indemnified, reimbursed or otherwise compensated for any loss, destruction or damage to Department Property, it shall use the proceeds to replace, repair or renovate the property involved, or shall credit such proceeds against the cost of the work covered by the contract, or shall reimburse the Department, at the Department’s direction.

PROPERTY AND SUPPLIES. Rev. dated 10-28-2015 Rev. dated 3-9-2020 No CPP 1. Contractor The Grantee agrees to obtain all supplies and equipment for use in the performance of this contract the Services at the lowest practicable cost and to purchase by means of competitive bidding whenever required by law. 2. Title to all property furnished in-kind by the Department PCADV shall remain with the Department. 3PCADV. Contractor has The Grantee shall hold title to all personal property acquired purchased by the contractorGrantee with funds received under the Grant, including purchase by lease/purchase agreement, for which or reimbursed to the contractor is to be reimbursed Grantee with funds received under this contractthe Grant Agreement. Upon cancellation or termination of this contractthe Grant, disposition of such purchased personal property which that has a remaining useful life shall be made in accordance with the following provisions.: a. The contractor Grantee and the Department PCADV may agree to transfer any item of such purchased personal property to another contractor grantee designated by the DepartmentPCADV. Cost of transportation shall be born borne by the contractor grantee receiving the property and will be reimbursed by the Departmentproperty. Title to all transferred property shall vest in the designated contractor. The Department will reimburse the Contractor for its share, if any, of the value of the remaining life of the property in the same manner as provided under subclause b of this paragraphentity. b. If the contractor Grantee wishes to retain any items of such purchased personal property, depreciation tables shall be used to ascertain the value of the remaining useful life of the property. The contractor Grantee shall reimburse the Department PCADV in the amount determined from the tables. c. When authorized by the Department PCADV in writing, the contractor Grantee may sell the property and reimburse the Department PCADV for its share. The Department PCADV reserves the right to fix the minimum sale price it will accept. 4. d. All property furnished by the Department or PCADV to the Grantee and personal property acquired by the contractor, including purchase by lease-purchase contract, for which Grantee with funds under the contractor is to be reimbursed under this contract Grant shall be deemed “Department PCADV Property” for the purposes of subsection 5subsections (e), 6 (f) and 7 (g) of this section. 5. Contractor e. The Grantee shall maintain and administer in accordance with sound business practice a program for the maintenance, repair, protection, preservation and insurance of Department PCADV Property so as to assure its full availability and usefulness. 6. Department property f. PCADV Property shall, unless otherwise approved in writing by the DepartmentPCADV, be used only for the performance of this contractthe Services and shall be and remain free and clear of any liens, claims or other encumbrances. 7. g. In the event that the contractor Grantee is indemnified, reimbursed or otherwise compensated for any loss, destruction or damage to Department any PCADV Property, it the Grantee shall use the proceeds to replace, repair or renovate the property involved, or shall credit such proceeds against the cost of the work Services covered by the contractGrant, or shall reimburse the DepartmentPCADV, at the DepartmentPCADV’s directiondiscretion.

PROPERTY AND SUPPLIES. Rev. dated 10-28-2015 Rev. dated 3-9-2020 No CPP 1. Contractor A. Manufacturer agrees to obtain all supplies and equipment for use in the performance of this contract Agreement at the lowest practicable cost and to purchase by means of a system of competitive bidding whenever required by law. 2. B. Title to all property furnished in-kind by the Department shall remain with the Department. 3. Contractor has title C. Title to all personal property acquired by the contractorManufacturer, including purchase by lease/-purchase agreement, for the cost of which the contractor Manufacturer is to be reimbursed under this contractAgreement shall vest in the Manufacturer during the term of this Agreement. Upon cancellation or termination of this contractAgreement, disposition of such purchased personal property which has a remaining useful life shall be made in accordance with the following provisions.: a. 1. The contractor Manufacturer and the Department may agree to transfer at no cost any item of such purchased property to another contractor Manufacturer designated by the Department. Cost of transportation shall be born by the contractor receiving the property and will be reimbursed by the Department. Title to all transferred property shall vest in the designated contractorManufacturer during the term of its Agreement. The Additionally, the Department will reimburse the Contractor Manufacturer for its proper share, if any, of the value of the remaining life of the property in the same manner as provided under subclause b of this paragraphin 15 C. 2. and upon prior approval for the shipping costs resulting from the transfer. b. 2. If the contractor Manufacturer wishes to retain any items of such purchased property, depreciation tables shall be used to ascertain both parties will arrange for an independent third-party appraisal of the property items and the Manufacturer will reimburse the Department for the value of the remaining useful life of the property. The contractor shall reimburse property on the Department in the amount determined from the tablesbasis of such appraisal, where appropriate depreciation tables may be substituted for an independent appraisal. c. When authorized by 3. With the Department in writingprior written permission of the Secretary of Aging and the approval of the Governor’s Office of Budget and Administration, the contractor may Manufacturers will sell the property and reimburse the Department for its appropriate share. The Department reserves the right to fix the minimum sale price it will accept. 4. All property furnished by , providing the Department or personal property acquired by the contractor, including purchase by lease-purchase contract, for which the contractor is to be reimbursed under this contract shall be deemed “Department Property” for the purposes of subsection 5, 6 and 7 of this section. 5. Contractor shall maintain and administer in accordance with sound business practice a program for the maintenance, repair, protection, preservation and insurance of Department Property so as to assure its full availability and usefulness. 6. Department property shall, unless otherwise approved in writing by the Department, be used only for the performance of this contract. 7. In the event that the contractor is indemnified, reimbursed or otherwise compensated for any loss, destruction or damage to Department Property, it shall use the proceeds to replace, repair or renovate the property involved, or shall credit such proceeds against the cost of the work covered by the contract, or shall reimburse the Department, at the Department’s direction.notified ten

PROPERTY AND SUPPLIES. Rev. dated 10-28-2015 Rev. dated 3-9-2020 No CPP 1. Contractor X. Xxxxxxx agrees to obtain all supplies and equipment for use in the performance of this contract Agreement at the lowest practicable cost and to purchase by means of a system of competitive bidding whenever required by law. 2. B. Title to all property furnished in-kind by the Department shall remain with the Department. 3. Contractor has title C. Personal or real property for which the grantee was reimbursed under this agreement will be accounted for on the property records or inventories of the grantee and will be disposed of only with written permission of the Department. D. Title to all personal property acquired by the contractorgrantee, including purchase by lease/-purchase agreement, for the cost of which the contractor grantee is to be reimbursed under this contractAgreement shall vest in the grantee during the term of this Agreement. Upon cancellation or termination of this contractAgreement, disposition of such purchased personal property which has a remaining useful life shall be made in accordance with the following provisions.: a. 1. The contractor grantee and the Department may agree to transfer at no cost any item of such purchased property to another contractor grantee designated by the Department. Cost of transportation shall be born by the contractor receiving the property and will be reimbursed by the Department. Title to all transferred property shall vest in the designated contractorgrantee during the term of its Agreement. The Additionally, the Department will reimburse the Contractor grantee for its proper share, if any, of the value of the remaining life of the property in the same manner as provided under subclause b of this paragraphin 15 C. 2. and upon prior approval for the shipping costs resulting from the transfer. b. 2. If the contractor grantee wishes to retain any items of such purchased property, depreciation tables shall be used to ascertain both parties will arrange for an independent third-party appraisal of the property items and the grantee will reimburse the Department for the value of the remaining useful life of the property. The contractor shall reimburse property on the Department in the amount determined from the tablesbasis of such appraisal, where appropriate depreciation tables may be substituted for an independent appraisal. c. When authorized by 3. With the Department in writingprior written permission of the Secretary of Aging and the approval of the Governor's Office of Budget and Administration, the contractor may grantee will sell the property and reimburse the Department for its appropriate share. The , providing the Department reserves is notified ten (10) days in advance of the right to fix the minimum sale price it will acceptsale. 4. E. All property furnished by the Department or personal property acquired by the contractorgrantee, including purchase by lease-purchase contractagreement, for which the contractor grantee is to be reimbursed under this contract Agreement shall be deemed “Department Property” Commonwealth property for the purposes purpose of subsection 5section E., 6 F., and 7 G., of this sectionprovision. 5. Contractor X. Xxxxxxx shall maintain and administer in accordance with sound business practice a program for the maintenance, repair, protection, preservation and insurance of Department Property Commonwealth property so as to assure its full availability and usefulness. 6. Department G. The Commonwealth property and any property purchased under this Agreement shall, unless otherwise provided herein or approved in writing by the DepartmentDepartment and the Governor's Office of Administration, be used only for the performance of this contractAgreement. 7. H. In the event that the contractor grantee is indemnified, reimbursed reimbursed, or otherwise compensated for any loss, loss or destruction of or damage to Department Propertythe Commonwealth property, it he shall use the proceeds to replacerepair, repair renovate or renovate replace the Commonwealth property involved, or shall credit such proceeds against the cost of the work covered by the contract, Agreement or shall otherwise reimburse the Department, at Department as directed by the Department’s direction. I. Any products provided to the Commonwealth, as part of the grantee's performance of this service Agreement shall meet the minimum percentage levels for total recycled content and post-consumer recycled content in accordance with the List of Products and Procurement Guidelines available from the PA Department of General Services