2 C.F.R. · Grants and Agreements
2 C.F.R. § 200.314

Supplies.

Title 2 C.F.R. ● ACTIVE Primary Source
Regulatory Text

2 C.F.R. § 200.314 — Supplies.

§ 200.314 Supplies. See also § 200.453. (a) Title to supplies will vest in the non-Federal entity upon acquisition. If there is a residual inventory of unused supplies exceeding $5,000 in total aggregate value upon termination or completion of the project or program and the supplies are not needed for any other Federal award, the non-Federal entity must retain the supplies for use on other activities or sell them, but must, in either case, compensate the Federal Government for its share. The amount of compensation must be computed in the same manner as for equipment. See § 200.313 (e)(2) for the calculation methodology. (b) As long as the Federal Government retains an interest in the supplies, the non-Federal entity must not use supplies acquired under a Federal award to provide services to other organizations for a fee that is less than private companies charge for equivalent services, unless specifically authorized by Federal statute.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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Federation ID
BS-CFR02-SEC-E17604
Entity Class
REGULATION / FEDERAL-CFR-SECTION
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boisestandard.org
Citation
2 C.F.R. § 200.314
Corpus
CFR — Code of Federal Regulations
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✓ ACTIVE
Source
PRIMARY-SOURCE
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✓ TRUE
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aa2266f5ef886b1e...
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The regulatory text of 2 C.F.R. § 200.314 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 2 2 C.F.R. § 200.314