29 CFR 1470.33
§ 1470.33 Supplies.
United States · 29 CFR — Labor · Status: effective
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- Citation
- 29 CFR 1470.33, § 1470.33 Supplies, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/127458
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Full text
(a) Title. Title to supplies acquired under a grant or subgrant will vest, upon acquisition, in the grantee or subgrantee respectively.
(b) Disposition. If there is a residual inventory of unused supplies exceeding $5,000 in total aggregate fair market value upon termination or completion of the award, and if the supplies are not needed for any other federally sponsored programs or projects, the grantee or subgrantee shall compensate the awarding agency for its share.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.