12 Colo. Code Regs. § 2510-1-10.401.43

Current through Register Vol. 47, No. 22, November 25, 2024

Section 12 CCR 2510-1-10.401.43 - General Usage Fees [Rev. eff. 2/1/16]

Usage fees include charges for the use of equipment or other fixed assets acquired with OAA funds. The minimum usage fee shall be charged when such assets are used for non-grant purposes.

If nutrition project contractors or sub-contractors use equipment purchased with Title III, as defined at Section 10.120 "Definitions", funds to produce meals sold to other organizations:

A. The compensation shall be directly credited to the cost of goods or services provided under the current contract, if the equipment was acquired under the current year's contract; or,

B. If the equipment was acquired with a prior year's contract, the compensation shall be recorded as program income.

12 CCR 2510-1-10.401.43

39 CR 01, January 10, 2016, effective 2/1/2016