2 CFR 1130.200
§ 1130.200 Purpose of PROP Article II.
United States · 2 CFR — Federal Financial Assistance · Status: effective
Cite this
- Citation
- 2 CFR 1130.200, § 1130.200 Purpose of PROP Article II, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/1607
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Full text
(a) PROP Article II prescribes standards for:
(1) Insurance coverage for real property and equipment acquired or improved under awards;
(2) The system that a recipient uses to manage both equipment that is acquired or improved in whole or in part under awards and federally owned property.
(b) It thereby implements OMB guidance in 2 CFR 200.310 and 200.313(d)(1) through (4), and partially implements 2 CFR 200.313(b).
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.