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Code of Federal Regulations (Last Updated: October 10, 2024) |
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Title 25 - Indians |
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Chapter V - Bureau of Indian Affairs, Department of the Interior, and Indian Health Service, Department of Health and Human Services |
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Part 900 - Contracts Under the Indian Self-Determination and Education Assistance Act |
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Subpart F - Standards for Tribal or Tribal Organization Management Systems |
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Property Management System Standards |
§ 900.52 - What type of property is the property management system required to track?
Latest version.
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§ 900.52 What type of property is the property management system required to track?
The property management system of the Indian tribe or tribal organization shall track:
(a) Personal property with an acquisition value in excess of $5,000 per item;
(b) Sensitive personal property, which is all personal property that is subject to theft and pilferage, as defined by the Indian tribe or tribal organization. All firearms shall be considered sensitive personal property; and
(c) Real property provided by the Secretary for use under the contract.