{"data":{"id":"us/2-cfr-1108.185","jurisdiction":"us","citation":"2 CFR 1108.185","heading":"Federal interest.","body":"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:\n(a) Federal share of total project costs; and\n(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.","path":["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"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-2.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:23:42Z","sha256":"43b6317ac2f81b1e698e304b96eb0f2c9a7b6593b6b9e23d68c61ece23e8bd67","source_id":"us-cfr","stale":true,"prev":"us/2-cfr-1108.180","next":"us/2-cfr-1108.190"},"notice":"GroundRules: Original legal text. Not legal advice."}