[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: 40CFR46.225] [Page 724] TITLE 40--PROTECTION OF ENVIRONMENT CHAPTER I--ENVIRONMENTAL PROTECTION AGENCY PART 46_FELLOWSHIPS--Table of Contents Subpart E_After the Fellowship Sec. 46.225 Equipment. (a) If EPA authorizes you to purchase equipment (see Sec. 46.140(b)) and the equipment retains a fair market value of more than $5,000, you must request disposition instructions from the EPA project officer when you no longer need it for the work under the fellowship. (b) If you purchase an item with an acquisition cost of $5,000 or less, the item belongs to you.