[Code of Federal Regulations]
[Title 14, Volume 5, Parts 1200 to end]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 14CFR1274.923]

[Page 475-476]
 
                     TITLE 14--AERONAUTICS AND SPACE
 
                          SPACE ADMINISTRATION
 
PART 1274--COOPERATIVE AGREEMENTS WITH COMMERCIAL FIRMS--Table of Contents
 
              Subpart I--Provisions and Special Conditions
 
Sec. 1274.923  Equipment and other property.

                      Equipment and Other Property

                              October 2000

    (a) NASA cooperative agreements permit acquisition of special 
purpose equipment required for the conduct of research. Acquisition of 
special purpose equipment costing in

[[Page 476]]

excess of $5,000 and not included in the approved proposal budget 
requires the prior approval of the Grant Officer unless the item is 
merely a different model of an item shown in the approved proposal 
budget.
    (b) Recipients may not purchase, as a direct cost to the cooperative 
agreement, items of general purpose equipment, examples of which include 
but are not limited to office equipment and furnishings, air 
conditioning equipment, reproduction and printing equipment, motor 
vehicles, and automatic data processing equipment. If the Recipient 
requests an exception, the Recipient shall submit a written request for 
Grant Officer approval, prior to purchase by the Recipient, stating why 
the Recipient cannot charge the general purpose equipment to indirect 
costs.
    (c) Under no circumstances shall cooperative agreement funds be used 
to acquire land or any interest therein, to acquire or construct 
facilities (as defined in 48 CFR (FAR) 45.301), or to procure passenger 
carrying vehicles.
    (d) The government shall have title to equipment and other personal 
property acquired with government funds. Such property shall be disposed 
of pursuant to 48 CFR (FAR) 45.603. The Recipient shall have title to 
equipment and other personal property acquired with Recipient funds. 
Such property shall remain with the Recipient at the conclusion of the 
cooperative agreement.
    (e) Title to Government furnished equipment (including equipment, 
title to which has been transferred to the Government prior to 
completion of the work) will remain with the Government.
    (f) The Recipient shall establish and maintain property management 
standards for Government property and otherwise manage such property as 
set forth in 48 CFR (FAR) 45.5 and 48 CFR (NFS) 1845.5.
    (g) Recipients shall submit annually a NASA Form 1018, NASA Property 
in the Custody of Contractors, in accordance with the instructions on 
the form, the provisions of 18 CFR (NFS) 1845.71 and any supplemental 
instructions that may be issued by NASA for the current reporting 
period. The original NF 1018 shall be submitted to the center Deputy 
Chief Financial Officer (Finance) with three copies sent concurrently to 
the center Industrial Property Officer. The annual reporting period 
shall be from October 1 of each year through September 30 of the 
following year. The report shall be submitted in time to be received by 
October 31. Negative reports (i.e. no reportable property) are required. 
The information contained in the reports in entered into the NASA 
accounting system to reflect current asset values for agency financial 
statement purposes. Therefore, it is essential that required reports be 
received no later than October 31. A final report is required within 30 
days after expiration of the agreement.

[End of provision]