11831 AIRPORT RD WHOLE SITE FILE 2020-01-21

• Property Management The contractor shall have a program to manage (control, use, preserve, protect, repair and maintain) government property in its possession. The program shall be adequate to satisfy the requirements of these Specifications. In doing so, the contractor shall initiate and maintain the processes, systems, procedures, records, and methodologies necessary for effective control of government property, consistent with industry-leading practices and standards for government property management. During the period of performance, the contractor shall disclose any significant changes to their property management system to Community Transit prior to implementation. The contractor's responsibility extends from the receipt of property, through stewardship, custody, and use until formally relieved of responsibility by authorized means, including delivery, consumption, expending, disposition, or via a completed investigation, evaluation, and final determination for lost, damaged, destroyed, or stolen property. This requirement applies to all government property under the contractor's accountability, stewardship, possession or control, including government property used by its vendors or subcontractors. Title to Government property:Community Transit shall retain title to all Government- furnished property. Title to Government property shall not be affected by its incorporation into or attachment to any property not owned by the Government, nor shall Government property become a fixture or lose its identity as personal property by being attached to any real property. Records of Government property. The Contractor shall create and maintain records of all Government-furnished property supplied to this project. Property records shall enable a complete, current, auditable record of all transactions and shall, unless otherwise approved by Community Transit, contain the following: (A)The name, part number and description, manufacturer, model number, and tracking-serial numbers. (B) Quantity received, issued, and balance-on-hand. (C)Accountable contract number (D) Location. (E) Disposition. (F) Posting reference and date of transaction. (G) Date placed in service. Physical inventory: The Contractor shall periodically perform, record, and disclose physical inventory results to Community Transit.A final physical inventory shall be performed upon contract completion or termination. Community Transit may waive this final inventory requirement, depending on the circumstances (e.g., overall reliability of the Contractor's system). Reports: The Contractor shall have a process to create and provide reports of discrepancies; loss, damage, destruction, or theft; physical inventory results; audits and self-assessments; corrective actions; and other property related reports as directed by Community Transit. Swift Green Line—Corridor Stations Special Provisions SP33 May 2017