GroundRules
13 CFR 305.8: Recipient-furnished equipment and materials.
Where this section sits in the code
- Title 13—Business Credit and Assistance
- CHAPTER III—ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE
- PART 305—PUBLIC WORKS AND ECONOMIC DEVELOPMENT INVESTMENTS
- Subpart B—Requirements for Approved Projects
The Recipient may wish to incorporate into the Project equipment or materials that it will secure through its own efforts, subject to the following requirements:
(a) EDA must approve any use of Recipient-furnished equipment and materials. EDA may require that major equipment items be subject to a lien in favor of EDA and also may require a statement from the Recipient regarding expected useful life and salvage value of such equipment;
(b) EDA may require the Recipient to establish that the expense claimed for such equipment or materials is competitive with current local market costs; and
(c) Acquisition of Recipient-furnished equipment or materials under this section also is subject to the requirements of 2 CFR part 200.
Collected 2026-08-27T02:24:18Z. Source file · JSON