yourstate.us
2 CFR 1108.185

§ 1108.185 Federal interest.

United States · 2 CFR — Federal Financial Assistance · Status: effective

Get this as JSONEmbed this
Cite this
Citation
2 CFR 1108.185, § 1108.185 Federal interest, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/1409
Permanent ID
ys:prov:1409@1
SHA-256
c6616b72c28fa08e6eec99d47f4241c5dfb80b59d338f56e9460cf9a89e078b6

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.