Examples of Nonexpendable personal property in a sentence
Non-expendable personal property is defined as property which will not be consumed or lose its identity during the contract term, has a value of $100.00 or more at the time of purchase, and is expected to have a useful life of one year or more.
Non-expendable personal property shall not be purchased by the Contractor from funds from this Contract unless OEWD has given its approval.
Nonexpendable personal property means tangible personal property having a useful life of more than one year and an acquisition cost of $300 or more per unit.
Non-expendable personal property means tangible personal property having a useful life of more than one year and an acquisition cost of $300 or more per unit.
Nonexpendable personal property purchased by the Contractor under the terms of this Contract in which title is vested in the City shall not be rented, loaned or otherwise passed to any person, partnership, corporation/association or organization without the prior expressed written approval of the City or its authorized representative, and such property shall, unless otherwise provided herein or approved by the City or its authorized representative, be used only for the performance of this Contract.