Notice of Award Property Management. Definitions Equipment VS Supplies. Equipment - Tangible nonexpendable personal property having a useful life of more than one year and an acquisition cost of $5000 or more per unit.
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The following are articles that include equipment and property language:
These forms are for Federally Loaned and Used vehicles
The ADODR would be responsible for filling out the forms above.
The ASC has developed specific language to include in agreements when vehicles are being purchased or loaned.
It is important for the ADODR to work closely with their agreement specialist when vehicles are involved so the proper language can be included in the agreement.
The Agreement Language addresses:
These topics will be discussed during the Closeout portion of the meeting.