13 C.F.R. § 305.8

Current through October 31, 2024
Section 305.8 - Recipient-furnished equipment and materials

The Recipient may wish to incorporate into the Project equipment or materials that it will secure through its own efforts, subject to the following requirements:

(a) EDA must approve any use of Recipient-furnished equipment and materials. EDA may require that major equipment items be subject to a lien in favor of EDA and also may require a statement from the Recipient regarding expected useful life and salvage value of such equipment;
(b) EDA may require the Recipient to establish that the expense claimed for such equipment or materials is competitive with current local market costs; and
(c) Acquisition of Recipient-furnished equipment or materials under this section also is subject to the requirements of 2 CFR part 200.

13 C.F.R. §305.8

71 FR 56675 , Sept. 27, 2006, as amended at 79 FR 76132 , Dec. 19, 2014; 82 FR 57054 , Dec. 1, 2017
82 FR 57054 , 1/2/2018