[Code of Federal Regulations]
[Title 40, Volume 1]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 40CFR40.125-1]

[Page 711]
 
                   TITLE 40--PROTECTION OF ENVIRONMENT
 
               CHAPTER I--ENVIRONMENTAL PROTECTION AGENCY
 
PART 40_RESEARCH AND DEMONSTRATION GRANTS--Table of Contents
 
Sec. 40.125-1  Limitations on duration.

    (a) No research or demonstration grant shall be approved for a 
budget period in excess of 2 years except demonstration grants involving 
construction.
    (b) No research or demonstration grant shall be approved for a 
project period in excess of 5 years.
    (c) The grant award official may extend the budget and project 
periods for up to an additional 12 months without additional grant 
funds, when such extensions are in the best interest of the Government.

[42 FR 56057, Oct. 20, 1977]