[Code of Federal Regulations]
[Title 36, Volume 1]
[Revised as of July 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 36CFR64.9]

[Page 356]
 
              TITLE 36--PARKS, FORESTS, AND PUBLIC PROPERTY
 
      CHAPTER I--NATIONAL PARK SERVICE, DEPARTMENT OF THE INTERIOR
 
PART 64_GRANTS AND ALLOCATIONS FOR RECREATION AND CONSERVATION USE OF 
ABANDONED RAILROAD RIGHTS-OF-WAY--Table of Contents
 
Sec.  64.9  Project costs (State and local projects).

    To be eligible, acquisition and development costs must be incurred 
after the date of project approval and during the project period. The 
project period will be indicated in the project application. Waivers 
will be granted to proceed with the acquisition prior to project 
approval if the applicant can show there is a need for immediate action. 
Development costs are first incurred at the start of actual physical 
work on the project site. Acquisition costs are incurred on the date 
when the applicant makes full payment or accepts the deed or other 
appropriate conveyance. Project-related planning costs outlined in Sec.  
64.9(a)(3), may be incurred prior to project approval. The date from 
which they were incurred must be indicated in the project application.
    (a) The types of project costs that are eligible for funding under 
this program are:
    (1) Acquisition costs will be assisted on the basis of the price 
paid or the appraised fair market value, whichever is less. Costs 
incurred pursuant to the Uniform Relocation Assistance and Real Property 
Acquisition Policies Act of 1970, appraisal costs and other reasonable 
incidental costs associated with the acquisition.
    (2) Construction costs associated with developing the right-of-way 
for recreation use.
    (3) Project-related planning required for the acquisition, 
development and use of the abandoned rights-of-way including master 
planning, the preparation of development plans and specifications and 
surveys.
    (4) Legal costs, audit costs, inspection fees, and project 
administration costs.
    (b) Cost overruns will not be eligible for reimbursement. This means 
that no additional funding will be extended once a project is approved. 
Any cost overrun incurred on a project must be funded by the grantee.
    (c) Principles and standards for determining costs applicable to 
State and local grants are found in Federal Management Circular 74-4 and 
part 670 of the Bureau of Outdoor Recreation Manual.