GroundRules
2 CFR 1108.185: Federal interest.
Where this section sits in the code
- Title 2—Federal Financial Assistance
- Subtitle B—Federal Agency Regulations for Grants and Agreements
- CHAPTER XI—DEPARTMENT OF DEFENSE
- SUBCHAPTER A—GENERAL MATTERS AND DEFINITIONS
- PART 1108—DEFINITIONS OF TERMS USED IN SUBCHAPTERS A THROUGH F OF THIS CHAPTER
- Subpart B—Definitions
Federal interest means, in relation to real property, equipment, or supplies acquired or improved under an award or subaward, the dollar amount that is the product of the:
(a) Federal share of total project costs; and
(b) Current fair market value of the property, improvements, or both, to the extent the costs of acquiring or improving the property were included as project costs.
Collected 2026-08-27T02:23:42Z. Source file · JSON