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3.7 Property and Equipment

Federal Equipment

When you or your subrecipient is provided federally owned equipment, the following requirements apply:

  • Title remains vested in the Federal Government.
  • You or your subrecipients must manage the equipment in accordance with the awarding agency’s rules and procedures and submit an annual inventory listing.
  • When the equipment is no longer needed, you or your subrecipient must request disposition instructions from the awarding agency.