41 CFR 102-36.120
§ 102-36.120 Limit on excess personal property furnished to grantees.
United States · 41 CFR — Public Contracts and Property Management · Status: effective
Cite this
- Citation
- 41 CFR 102-36.120, § 102-36.120 Limit on excess personal property furnished to grantees, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/198031
- Permanent ID
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Full text
You must monitor transfers of excess personal property so the total original acquisition cost of property transferred does not exceed the dollar value of the grant. Any transfers above the grant amount must be approved by an official at an administrative level higher than the officer administering the grant.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.