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  • Question

    Is the Government allowed to accept equipment from contractors free of charge for testing and would this best be described as a Bailment Ageement, Vendor Loan Agreement or neither? Where can I get a copy of either agreement?


    Answer

    A Bailment Agreement is applicable to your situation. A sample agreement can be found at https://acc.dau.mil/CommunityBrowser.aspx?id=534924. You will want to run it by your organization's Legal Counsel as well.

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