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DA Form 4881-1 Agreement For The Loan of US Army Materiel Certificate For Signature By An Alternate
What is DA Form 4881-1 Agreement For The Loan of US Army Materiel Certificate For Signature By An Alternate?
DA Form 4881-1 is an agreement that is used by the US Army to loan equipment and materials to non-federal entities such as state and local governments, businesses, or individuals. This form is necessary to ensure that the borrowing party agrees to the terms and conditions of the loan and acknowledges their responsibilities for the proper care and return of the equipment or materials. The form includes the description of the property, the duration of the loan, and the signature of the borrower and the loan approving authority.
The form 4881-1 is used when the borrower is unable to sign the agreement in person and an alternate is designated to sign on their behalf. This may happen when the borrower is located in a different geographical location or is unable to sign for other reasons. The alternate must have the legal authority to act on behalf of the borrower and must sign the form in the presence of a witness. The witness must also sign the form.
Instruction for DA Form 4881-1 Agreement For The Loan of US Army Materiel Certificate For Signature By An Alternate?
To fill out the DA Form 4881-1, the loan approving authority should provide the description of the property, including the nomenclature, manufacturer, and model. The duration of the loan, including the start and end dates, should also be specified. The borrower’s name and address, as well as the name and title of the alternate, should be included in the form. The alternate should sign the form in the presence of a witness, and both the alternate and the witness should print and sign their names.
The form should be kept by the loan approving authority until the property is returned by the borrower. If the property is lost, damaged, or destroyed, the borrower is responsible for the repair or replacement costs. If the borrower fails to return the property, legal action may be taken to recover it.
The Purpose of DA Form 4881-1 Agreement For The Loan of US Army Materiel Certificate For Signature By An Alternate
The purpose of the DA Form 4881-1 is to ensure that the loan of equipment and materials to non-federal entities is done in a responsible and accountable manner. By signing the form, the borrower and the alternate acknowledge their responsibilities for the proper care and return of the property. The form also serves as a record of the loan and can be used for inventory and accountability purposes. The loan approving authority can refer to the form if there are any issues or questions about the loan or if the property is not returned on time. Overall, the form helps to ensure that the loan of US Army materiel is done with transparency, accountability, and responsibility.