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Contract Clauses for Solicitation 47QSMD20R0001 Refresh Number 19 Kh.—k— r -Me n-.., <br />maintain adequate property management practices, the Contractor shall not be held liable. <br />(2) The Contractor shall take all reasonable actions necessary to protect the property from further <br />loss. The Contractor shall separate the damaged and undamaged property, place all the affected <br />property in the best possible order, and take such other action as the Property Administrator directs. <br />(3) The Contractor shall do nothing to prejudice the Government's rights to recover against third <br />parties for any loss of Government property. <br />(4) The Contractor shall reimburse the Government for loss of Government property, to the <br />extent that the Contractor is financially liable for such loss, as directed by the Contracting Officer. <br />(5) Upon the request of the Contracting Officer, the Contractor shall, at the Government's <br />expense, furnish to the Government all reasonable assistance and cooperation, including the prosecution <br />of suit and the execution of instruments of assignment in favor of the Government in obtaining <br />recovery. <br />(i) Equitable adjustment. Equitable adjustments under this clause shall be made in accordance with <br />the procedures of the Changes clause. However, the Government shall not be liable for breach of <br />contract for the following: <br />(1) Any delay in delivery of Government -furnished property. <br />(2) Delivery of Government -furnished property in a condition not suitable for its intended use. <br />(3) An increase, decrease, or substitution of Government -furnished property. <br />(4) Failure to repair or replace Government property for which the Government is responsible. <br />0) Contractor inventory disposal. Except as otherwise provided for in this contract, the Contractor shall <br />not dispose of Contractor inventory until authorized to do so by the Plant Clearance Officer or <br />authorizing official. <br />(1) Predisposal requirements. <br />(i) If the Contractor determines that the property has the potential to fulfill requirements under other <br />contracts, the Contractor, in consultation with the Property Administrator, shall request that the <br />Contracting Officer transfer the property to the contract in question, or provide authorization for use, as <br />appropriate. In lieu of transferring the property, the Contracting Officer may authorize the Contractor to <br />credit the costs of Contractor -acquired property (material only) to the losing contract, and debit the <br />gaining contract with the corresponding cost, when such material is needed for use on another contract. <br />Property no longer needed shall be considered contractor inventory. <br />(ii) For any remaining Contractor -acquired property, the Contractor may purchase the <br />property at the unit acquisition cost if desired or make reasonable efforts to return unused property to <br />the appropriate supplier at fair market value (less, if applicable, a reasonable restocking fee that is <br />consistent with the supplier's customary practices.) <br />(2) Inventory disposal schedules. <br />(i) Absent separate contract terms and conditions for property disposition, and provided the property <br />was not reutilized, transferred, or otherwise disposed of, the Contractor, as directed by the Plant <br />Clearance Officer or authorizing official, shall use Standard Form 1428, Inventory Disposal Schedule <br />or electronic equivalent, to identify and report - <br />(A) Government -furnished property that is no longer required for performance of this <br />contract; <br />Page: 104 of 216 <br />191 <br />