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t.Upon successful completion of the terms of this Agreement, all equipment and supplies purchased through this Agreement will be owned by the Subrecipient, or'a recognized non-fedlral entiiy to which the Subrecipient has made a subaward,-for which a contract, Subrecipient grant agreement, or other means of legaltransfer of ownership is in place. All equipment, and supplies as applicable, purchased under this Agreement will be recorded and maintained in the subrecipient's inventory system. lnventory system records shall include: A. Description of the ProPertY B, Manufacturer's serial number, or other identification number source forthe property, including the FederalAward ldentification (FAl1\) (Faqe Sleet, Box 11) ii llt c.Funding Number D- Assistance Listings-Number:(Face Sheeh Box 13) - - E. Who holds the title F- Acquisition date IV and of federal on in the cost H. Location, use, and condition of the property at the date the information was reported l. Disposition data including the date of disposal and sale price of the property. The Subrecipient shall take a physical inventory of the equipment, and supplies as applicable, and reconcile the results with the property records at least once every'two years. Any differences between quantities determined by the physical inspection'and those shown in the records shall be investigated by the Subrecipient to determine the cause of the difference. The Subrecipient shall, in conne"iion with the inventory, verify the existence, current utilization, and continued need for the equiPment. The Subrecipient shall be responsible for any and all operational ?nd maintenance expenses and for the safe operation of the equipment and supplies including all questions of liability. The Subrecipient shall develop appropriate maintenince schedules and proiedures to ensure the equipment; and supplies as applicable, are well maintained and kept in good operating condition' The Subrecipient shall develop a control system to ensure adequate safeg-uards to prevent loss, damage, and theft of the property. Any loss, damage, or theft shall be investigated, anda report generated and sent to the Department's Key Personnel. The Subrecipient must obtain and maintain all necessary certifications and licenses for the equiPment. lf the Subrecipient is authorized or required to sell the property, proper sales procedures must be established and followed to ensure the highest pos-sible return. For disposition, if upon termination or at the Grant Agreement End Date' when original or replacement supplies or equipment acquired under a federal award arl no longer needed foi ttre original project or program or for oth.er activities currently or previously supported by a federal awarding agency, the Subrecipient must comply with the following procedures: A. For Supplies: lf there is a residual inventory of unused supplies exceeding $5,000 in total aggregate value upon termination or completion of the project or^ progt"'i-"nI tft. supplies are not needed for any other federal Page 6 of 44 Kittitas County' E25-254 V vilt. vi vii. DHS-FEMA-EMPG-FY24