[Code of Federal Regulations]
[Title 14, Volume 5]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 14CFR1260.27]

[Page 288-289]
 
                     TITLE 14--AERONAUTICS AND SPACE
 
                   CHAPTER V--NATIONAL AERONAUTICS AND
                          SPACE ADMINISTRATION
 
PART 1260_GRANTS AND COOPERATIVE AGREEMENTS--Table of Contents
 
                            Subpart A_General
 
Sec.  1260.27  Equipment and other property.

                      Equipment and Other Property

                              February 2004

    (a) NASA permits acquisition of special purpose and general purpose 
equipment specifically required for use exclusively for research 
activities.
    (1) Acquisition of special purpose or general purpose equipment 
costing in excess of $5,000 (unless a lower threshold has been 
established by the Recipient) and not included in the approved proposal 
budget, requires the prior approval of the NASA Grant Officer. Grant 
awards under the Federal Demonstration Partnership are exempt from this 
requirement. Requests to the NASA Grant Officer for the acquisition of 
equipment shall be supported by written documentation setting forth the 
description, purpose, and acquisition value of the equipment, and 
including a written certification that the equipment will be used 
exclusively for research, activities. (A change in the model number of a 
prior approved piece of equipment does not require resubmission for that 
item.)
    (2) Special purpose and general purpose equipment costing in excess 
of $5,000 (unless a lower threshold has been established by the 
Recipient) acquired by the recipient under a grant or cooperative 
agreement for the purpose of research shall be titled to the Recipient 
as ``exempt'' without further obligation to NASA, including reporting of 
the equipment, in accordance with Sec.  1260.133(b). Special purpose or 
general purpose equipment costing in excess of $5,000 (unless a lower 
threshold has been established by the Recipient) acquired by the 
Recipient under a grant or cooperative agreement for non-research work 
shall be titled to the Recipient in accordance with Sec.  1260.134.
    (3) Special purpose or general purpose equipment acquired by the 
Recipient with grant funds, valued under $5,000 (unless a lower 
threshold is established by the Recipient) are classified as 
``supplies,'' do not require the prior approval of the NASA Grant 
Officer, shall vest in the Recipient and will be titled to the Recipient 
in accordance with Sec.  1260.135.
    (4) Grant funds may be expended for the acquisition of land or 
interests therein or for the acquisition and construction of facilities 
only under a facilities grant, as defined in Sec.  1260.12(c)(4).

[[Page 289]]

    (b) The Recipient shall submit an annual Inventory Report, to be 
received no later than October 15 of each year, which lists all 
reportable (non-exempt equipment and/or Federally owned property) in its 
custody as of September 30. Negative responses for annual Inventory 
Reports (when there is no reportable equipment) are not required. A 
Final Inventory Report of Federally Owned Property, including equipment 
where title was taken by the Government, will be submitted by the 
Recipient no later than 60 days after the expiration date of the grant. 
Negative responses for Final Inventory Reports are required.
    (1) All reports will include the information listed in paragraph 
(f)(1) of Sec.  1260.134, Equipment. No specific report form or format 
is required, provided that all necessary information set forth at Sec.  
1260.134(f)(1) is provided.
    (2) The original of each report shall be submitted to the Deputy 
Chief Financial Officer (Finance). Copies shall be furnished to the 
Center Industrial Property Officer and to ONR.

                           [End of provision]

[65 FR 62900, Oct. 19, 2000, as amended at 69 FR 5016, Feb. 3, 2004]