Common use of Property Management Standards Clause in Contracts

Property Management Standards. The awardee shall maintain a property management system that, at a minimum, meets the requirements of 2 CFR §200.313(d) , which requires a physical inventory every two years , ensures adequate safeguards to prevent loss, damage, or theft of the property, and provides for maintenance procedures to keep the property in good condition.

Appears in 3 contracts

Samples: Cooperative Agreement, Cooperative Agreement, Small Business Innovation Research (Sbir)/Small Business Technology Transfer (Sttr) Phase Ii Cooperative Agreement

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Property Management Standards. The awardee recipient shall maintain a property management system that, at a minimum, meets the requirements of 2 CFR §§ 200.313(d) ), which requires a physical inventory every two years years, ensures adequate safeguards to prevent loss, damage, or theft of the property, and provides for maintenance procedures to keep the property in good condition.

Appears in 1 contract

Samples: Small Business Innovation Research (Sbir)/Small Business Technology Transfer (Sttr) Phase Ii Cooperative Agreement

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