La. Admin. Code tit. 40 § XVII-1509

Current through Register Vol. 50, No. 11, November 20, 2024

Section XVII-1509 - Equipment Purchased with CSBG Funds

A. Each subgrantee will maintain an inventory identifying equipment purchased with CSBG funds at a unit cost of $250 or more including a description of the equipment identifying it as CSBG equipment, its condition, acquisition cost, serial number and a property number assigned the equipment. The property number will be affixed to the equipment in a conspicuous place. Subgrantees may utilize their existing inventory procedures, provided they meet these requirements and separately identify equipment purchased with CSBG funds. An inventory listing equipment purchased with CSBG funds will be submitted to the Department of Labor, CSBG Unit, at the end of each fiscal year with the subgrantee's closeout package. The CSBG Unit will also monitor the subgrantees to assure an inventory of equipment purchased with CSBG funds is being maintained.

B. Before equipment purchased with CSBG funds at a unit price of $250 or more may be disposed of, written approval must be obtained from the Department of Labor, CSBG Unit. Any income resulting from the disposal of this equipment will be considered program income. The subgrantee will immediately notify the Department of Labor, CSBG Unit, of any program income obtained and it will be utilized only in support of approved CSBG activities.

C. Ownership of equipment purchased with CSBG funds rests with the CSBG subgrantee until its CSBG funding is terminated or as otherwise noted in its subgrant agreement. CSBG equipment purchases with a unit price of $250 shall be returned to the Department of Labor, CSBG Unit, within 30 days from termination of CSBG funding and utilized for approved CSBG activities.

La. Admin. Code tit. 40, § XVII-1509

Promulgated by the Department of Employment and Training, Office of Labor, LR 16:209 (March 1990), amended LR 17:357 (April 1991), amended by the Department of Labor, Office of Labor, LR 21:1343 (December 1995).

AUTHORITY NOTE: Promulgated in accordance with R.S. 23:66 et seq.