Orange County NC Website
DocuSign Envelope ID: 70CDE96F-6D51-4BD6-93A5-3B3A2D3438CD <br /> either below or beside the logo shall be the words "Funded by U.S. Department of Homeland <br /> Security. <br /> P. The purchase or acquisition of any additional materials, equipment, accessories or supplies or <br /> completion of any work activities beyond those identified in this MOA shall be the sole <br /> responsibility of Sub-Recipient and shall not be reimbursed under this MOA. Sub-Recipient shall <br /> prominently mark any equipment purchased with grant funding as follows: "Purchased with funds <br /> provided by the U.S. Department of Homeland Security." <br /> Q. Sub-Recipient shall have sole responsibility for the maintenance, insurance, upkeep, and <br /> replacement of any equipment procured pursuant to this Agreement unless hand receipted or <br /> transferred. <br /> R. Sub-Recipient shall maintain an effective property management system that complies with the <br /> following requirements. Equipment is defined as tangible, non-expendable property having a useful <br /> life of more than one year and an acquisition cost of$5,000 or more per unit. Sub-Recipient may <br /> have property management guidelines that are more restrictive, requiring a unit of equipment with a <br /> value of less than $5,000 to be inventoried; if so, such equipment purchased under this award <br /> allocation shall be included on the report submitted to Recipient. <br /> i. Recipient and Sub-Recipient shall take an initial physical inventory of any equipment. The Grant <br /> Summary, Cost Reports with backup documentation, Certificate of Title, and any other Sub- <br /> Recipient reports or inventory reports that include information regarding the grant, vendor, <br /> invoice number, cost per item, number of items, description, location, condition and <br /> identification number may be used to meet this requirement. The Sub-Recipient must provide <br /> quarterly updates until all funds are expended. <br /> ii. Sub-Recipient must ensure a control system exists to ensure adequate safeguards to prevent loss, <br /> damage or theft. Sub-Recipient shall be responsible for replacing or repairing equipment which <br /> is willfully or negligently lost, stolen, damaged, or destroyed. Any loss, damage or theft of the <br /> property must be investigated and fully documented, and made part of the official project <br /> records. <br /> iii. Sub-Recipient or equipment owner must ensure adequate maintenance procedures exist to keep <br /> the equipment in good condition. <br /> iv. Disposition Procedures. Sub-Recipient may dispose of the equipment when the original or <br /> replacement equipment acquired under the grant award is no longer needed for the original <br /> project or program. Items with a fair market value of less than $5,000 may be retained, <br /> transferred or otherwise disposed of with prior approval of Recipient and in accordance with <br /> disposition requirements in 2 C.F.R. Part 200. Items with a current per unit standard federal or <br /> fair market value in excess of$5,000 may be retained, transferred or otherwise disposed of with <br /> prior Recipient approval in accordance with disposition requirements in 2 C.F.R. Part 200. Sub- <br /> Recipient must provide documentation that includes the method used to determine current fair <br /> market value. <br /> v. Only authorized equipment listed in the Authorized Equipment List(AEL), with appropriate <br /> grant listed are eligible for purchases from this grant. For more guidance visit www.fema. ov. <br /> S. No indirect or administrative costs will be charged to this allocation award. <br /> T. Sub-Recipients must utilize equipment as intended in their project application to NCEM. Any <br /> variation from this intended use must be requested in writing and approved by NCEM. <br /> 6 <br />