DA Form 4881-6. Request and Approval for Loan or Lease of Equipment and Loan or Lease Agreement

DA Form 4881-6. Request and Approval for Loan or Lease of Equipment and Loan or Lease Agreement

Form DA 4881-6 is a Request and Approval for Loan or Lease of Equipment and Loan or Lease Agreement used to request and obtain approval for the loan or lease of equipment from the US Army to other parties. This form is used when individuals or organizations request the temporary use of Army equipment for specific purposes, and it also serves as the formal agreement documenting the terms and conditions of the loan or lease.

The form consists of sections where the specific details of the request and approval for the loan or lease are recorded. It includes information about the parties involved in the loan or lease, the type and quantity of equipment being requested, the duration of the loan or lease, and any special conditions or restrictions on the use of the equipment. Additionally, the form includes provisions for addressing responsibilities related to maintenance, repair, and liability during the loan or lease period.

Important fields in this form include accurate documentation of the request and approval details, a clear description of the equipment being loaned or leased, and proper recording of the responsibilities and liabilities of both parties involved in the transaction. Accurate completion of this form is crucial to ensure that the loan or lease of Army equipment is conducted in accordance with the agreed-upon terms and conditions.

Application Example: An educational institution requests the temporary loan of laboratory equipment from the US Army for a science fair event. Form DA 4881-6 is used to request approval for the loan, specifying the equipment needed, the event dates, and the institution's responsibilities for the equipment during the loan period. Once approved, the form serves as the formal agreement between the US Army and the educational institution, ensuring that the equipment is returned in good condition after the event.

Individuals filling out this form should consider any specific instructions or guidelines provided by the Army's regulations and policies regarding the loan or lease of equipment to external parties.

Related Forms: Form DA 4881-6 is specific to the loan or lease of Army equipment. However, there may be other forms used for similar purposes, such as requests for temporary use of government property in other government agencies or departments.