§ 3015.160 - Scope and applicability.  


Latest version.
  • (a) Except as explained in paragraphs (c), (d), and (e) of this section, this subpart applies to real property, equipment (including ADP) and supplies whose acquisition is supported by a grant.

    (b) Also contained in this subpart are standards covering inventions, patents, and copyrights arising out of activities supported by a grant.

    (c) This subpart does not apply to:

    (1) Property for which only depreciation or use allowances are charged;

    (2) Property donated entirely as a third party in-kind contribution; or

    (3) Equipment or supplies acquired primarily for sale or rental, rather than for use.

    (d) This subpart applies to equipment or supplies acquired by a contractor under a grant or subgrant only if, by terms of the contract, title vests in the recipient or subrecipient.

    (e) For research grants that are subject to an institutional cost-sharing agreement, real property, equipment, and supplies shall be subject to this subpart only if at least some part of the acquisition cost is supported as a direct cost by Federal grant funds.