Code of Federal Regulations Title 2. Grants and Agreements § 2.1130.415 Use of equipment by an institution of higher education, nonprofit organization, local government, or Indian tribe

(1)2 CFR 200.313(a) sets forth basic conditions for use of equipment acquired under a grant or cooperative agreement that apply when title to the equipment is vested in a recipient conditionally, because the awarding agency either does not have statutory authority to vest title in the equipment unconditionally or elects not to do so.

(2)2 CFR 200.313(c) provides the parameters for use of equipment by an institution of higher education, nonprofit organization, local government, or Indian tribe.

(3)2 CFR 200.313(d)(5) calls for use of sales procedures to ensure highest possible return when selling equipment.

(1)2 CFR 200.313(a) and (c);  and

(2)2 CFR 200.313(d)(5), as it applies to equipment sales prior to the time of disposition, to offset the acquisition cost of replacement equipment.