Recipient-furnished equipment and materials.

13 C.F.R. § 305.8
in effectEffective: 2024-07-01
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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.

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13 C.F.R. § 305.8 — Recipient-furnished equipment and materials | Code of Federal Regulations | Corpus