[Code of Federal Regulations]

[Title 49, Volume 1]

[Revised as of October 1, 2005]

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

[CITE: 49CFR19.30]



[Page 163]

 

                        TITLE 49--TRANSPORTATION

 

          Subtitle A--Office of the Secretary of Transportation

 

PART 19_UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND AGREEMENTS 

WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, AND OTHER NON-PROFIT 

ORGANIZATIONS--Table of Contents

 

                    Subpart C_Post-Award Requirements

 

Sec. 19.30  Purpose of property standards.



    (a) Sections 19.31 through 19.37 set forth uniform standards 

governing management and disposition of property furnished by the 

Federal Government whose cost was charged to a project supported by a 

Federal award. Federal awarding agencies shall require recipients to 

observe these standards under awards and shall not impose additional 

requirements, unless specifically required by Federal statute. The 

recipient may use its own property management standards and procedures 

provided it observes the provisions of Sec. Sec. 19.31 through 19.37.

    (b) Transfer of capital assets. Section 12(k) of the Federal Transit 

Act, as amended, (49 U.S.C. app. 1608(k)) allows the transfer without 

compensation of real property (including land) and equipment acquired 

under the Act for another public purpose under certain conditions. 

Procedures to allow these transfers have not been issued.