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Contract Clauses for Solicitation 47QSMD20R0001 Refresh Number 9 Contract Number: GS-07F-0031W <br />(2) The Contractor shall not use Government property for nongovernmental purposes, including <br />Independent Research and Development, until a rental charge for real property, or estimated <br />rental charge for other property, is agreed upon. Rented property shall be used only on a <br />non-interference basis. <br />(e) Rental charge. <br />(1) Real property and associated fixtures. <br />(i) The Contractor shall obtain, at its expense, a property appraisal from an independent <br />licensed, accredited, or certified appraiser that computes a monthly, daily, or hourly rental <br />rate for comparable commercial property. The appraisal may be used to compute rentals <br />under this clause throughout its effective period or, if an effective period is not stated in <br />the appraisal, for one year following the date the appraisal was performed. The Contractor <br />shall submit the appraisal to the ACO at least 30 days prior to the date the property is <br />needed for nongovernmental use. Except as provided in paragraph (e)(1)(iii) of this <br />clause, the ACO shall use the appraisal rental rate to determine a reasonable rental <br />charge. <br />(ii) Rental charges shall be determined by multiplying the rental time by the appraisal <br />rental rate expressed as arate per hour. Monthly or daily appraisal rental rates shall be <br />divided by 720 or 24, respectively, to determine an hourly rental rate. <br />(iii) When the ACO believes the appraisal rental rate is unreasonable, the ACO shall <br />promptly notify the Contractor. The parties may agree on an alternative means for <br />computing areasonable rental charge. <br />(iv) The Contractor shall obtain, at its expense, additional property appraisals in the same <br />manner as provided in paragraph (e)(1)(i) if the effective period has expired and the <br />Contractor desires the continued use of property for nongovernmental use. The <br />Contractor may obtain additional appraisals within the effective period of the current <br />appraisal if the market prices decrease substantially. <br />(2) Other Government property. The Contractor may elect to compute the rental charge using the <br />appraisal method described in paragraph (e)(1) of this clause subject to the constraints therein or <br />the following formula in which rental time shall be expressed in increments of not less than one <br />hour with portions of hours rounded to the next higher hour: The hourly rental charge is <br />calculated by multiplying 2 percent of the acquisition cost by the hours of rental time, and <br />dividing by 720. <br />(3) Alternative methodology. The Contractor may request consideration of an alternative basis for <br />computing the rental charge if it considers the monthly rental rate or a time -based rental <br />unreasonable or impractical. <br />(t) Rental payments. <br />(1) Rent is due 60 days following completion of the rental period or as otherwise specified in the <br />contract. The Contractor shall compute the rental due, and furnish records or other supporting <br />data in sufficient detail to permit the ACO to verify the rental time and computation. Payment <br />shall be made by check payable to the Treasurer of the United States and sent to the contract <br />administration office identified in this contract, unless otherwise specified by the Contracting <br />Officer. <br />(2) Interest will be charged if payment is not made by the date specified in paragraph (t)(1) of this <br />clause. Interest will accrue at the "Renegotiation Board Interest Rate" (published in the Federal <br />Register semiannually on or about January 1 st and July 1st) for the period in which the rent is <br />due. <br />Page:32 of 211 <br />