[Code of Federal Regulations]

[Title 40, Volume 1]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 40CFR30.35]



[Page 333-334]

 

                   TITLE 40--PROTECTION OF ENVIRONMENT

 

               CHAPTER I--ENVIRONMENTAL PROTECTION AGENCY

 

PART 30_UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND AGREEMENTS 

 

                    Subpart C_Post-Award Requirements

 

Sec. 30.35  Supplies and other expendable property.



    (a) Title to supplies and other expendable property shall vest in 

the recipient upon acquisition. If there is a residual inventory of 

unused supplies exceeding $5000 in total aggregate value upon 

termination or completion of the project or program and the supplies are 

not needed for any other federally-sponsored project or program, the 

recipient shall retain the supplies for use on non-Federal sponsored 

activities or sell them, but shall, in either case, compensate the 

Federal Government for its share. The amount of compensation shall be 

computed in the same manner as for equipment.

    (b) The recipient shall not use supplies acquired with Federal funds 

to provide services to non-Federal outside organizations for a fee that 

is less than



[[Page 334]]



private companies charge for equivalent services, unless specifically 

authorized by Federal statute as long as the Federal Government retains 

an interest in the supplies.