[Code of Federal Regulations]
[Title 49, Volume 6]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 49CFR639.1]

[Page 53-54]
 
                        TITLE 49--TRANSPORTATION
 
                             TRANSPORTATION
 
PART 639--CAPITAL LEASES--Table of Contents
 
                           Subpart A--General
 
Sec. 639.1  General overview of this part.


    This part contains the requirements to qualify for capital 
assistance when leasing facilities or equipment under the Federal 
transit laws. This part is set out in four subparts, with subpart A 
containing general information on scope and definitions. Subpart B 
contains the principal requirements of this

[[Page 54]]

part, including eligibility requirements, the self-certification system 
used, and identification of the various forms of leases and grants that 
are eligible under the program. Subpart B also contains a section on 
other Federal requirements that may apply. Subpart C includes the actual 
calculations that each recipient should undertake before certifying that 
a lease is cost-effective. Finally, subpart D contains requirements on 
early lease termination and project management in general.

[63 FR 68366, Dec. 10, 1998]