ASSET ACCOUNTABILITY Sample Clauses

The ASSET ACCOUNTABILITY clause establishes the responsibility of parties for the management, tracking, and reporting of assets involved in an agreement. Typically, this clause outlines procedures for inventory control, record-keeping, and periodic audits to ensure all assets are properly accounted for, whether they are physical items, equipment, or digital resources. Its core function is to prevent loss, misuse, or misappropriation of assets by clearly defining each party’s obligations, thereby promoting transparency and reducing the risk of disputes over asset ownership or condition.
ASSET ACCOUNTABILITY. The Contractor shall account for, safeguard, properly use, and maintain Metro assets and reimburse Metro for damaged, lost, or stolen Metro assets. Contractor agrees to: i. present their assigned Metro assets upon demand by the project manager responsible for their work performance, ii. immediately report to Metro Transit Police Department (MTPD) any Metro asset suspected of being stolen, iii. report to the COTR and/or project manager any Metro asset suspected of being lost, and iv. return all assigned Metro assets to the issuing department at contract expiration. The Contractor agrees to insert this obligation in any subcontract it issues in relation to this Contract.
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ASSET ACCOUNTABILITY. The Contractor shall account for, safeguard, properly use, and maintain Metro assets and reimburse Metro for damaged, lost, or stolen Metro assets. Contractor agrees to: i. present their assigned Metro assets upon demand by the project manager responsible for their work performance, ii. immediately report to Metro Transit Police Department (MTPD) any Metro asset suspected of being stolen, iii. report to the COTR and/or project manager any Metro asset suspected of being lost, and iv. return all assigned Metro assets to the issuing department at contract expiration.
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ASSET ACCOUNTABILITY. Track and manage all third party hardware maintenance and software licensing support by maintaining a 100% accountability of all asset(s). Manage and track all system and device/application licenses, to include expiration, for DMCC on all network and compute infrastructure and production applications, as executed under each task order. Provide a detailed list of required licenses (sortable by license type and specific device) to the Government and deliver licenses to DISA for installation on DMCC devices and systems no later than 60 days prior to license expiration.
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Related to ASSET ACCOUNTABILITY

  • Accountability Actuaries and external auditors will be appointed by the Trust. Audited financial statements, and an actuarial evaluation report will be obtained for the Trust on an annual basis. The actuarial report will include projections for the Trust for a period of not less than 3 years into the future.

  • Service Accountability Agreements The HSP acknowledges that if the Funder and the HSP enter into negotiations for a subsequent service accountability agreement, subsequent funding may be interrupted if the next service accountability agreement is not executed on or before the expiration date of this Agreement.

  • Health Care Accountability Ordinance If Administrative Code Chapter 12Q applies to this contract, Contractor shall comply with the requirements of Chapter 12Q. For each Covered Employee, Contractor shall provide the appropriate health benefit set forth in Section 12Q.3 of the HCAO. If Contractor chooses to offer the health plan option, such health plan shall meet the minimum standards set forth by the San Francisco Health Commission. Information about and the text of the Chapter 12Q, as well as the Health Commission’s minimum standards, is available on the web at ▇▇▇▇://▇▇▇▇▇.▇▇▇/olse/hcao. Contractor is subject to the enforcement and penalty provisions in Chapter 12Q. Any Subcontract entered into by Contractor shall require any Subcontractor with 20 or more employees to comply with the requirements of the HCAO and shall contain contractual obligations substantially the same as those set forth in this Section.

  • Federal Funding Accountability and Transparency Act (FFATA Subrecipient shall comply with the requirements of 2 CFR part 25 Universal Identifier and System for Award Management (▇▇▇). Subrecipient must have an active registration in ▇▇▇, ▇▇▇▇▇://▇▇▇.▇▇▇.gov/▇▇▇/ in accordance with 2 CFR part 25, appendix A, and must have a Data Universal Numbering System (DUNS) number ▇▇▇▇▇://▇▇▇▇▇▇.▇▇▇.▇▇▇/webform/ Subrecipient must also comply with provisions of the Federal Funding Accountability and Transparency Act, which includes requirements on executive compensation, 2 CFR part 170 Reporting Subaward and Executive Compensation Information.