North American Wetlands Conservation Act and Neotropical Migratory Brid Conservation Act January 2006

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U.S. GRANT ADMINISTRATION STANDARDS — JANUARY 2006 North American Wetlands Conservation Act and Neotropical Migratory Bird Conservation Act Recipient within seven calendar days, or are less than $10,000 and will be disbursed within 30 calendar days. E. EQUIPMENT AND SUPPLIES E -1 May the Recipient or subrecipient purchase and manage equipment with grant or match funds? Yes, the Recipient or subrecipient may purchase and manage equipment acquired under a Grant Agreement in accordance with the applicable costs principles. Title to all equipment acquired for the project will vest in the Recipient or subrecipient. The Recipient or subrecipient may use the equipment acquired for the Project as long as needed whether or not the project continues to be supported by Federal funds. While the equipment is used for the Project, the Recipient or subrecipient must make it available for use on other projects or programs currently or previously supported by the Federal government if such other use will not interfere with the work on the Project for which the equipment was originally acquired. E -2 May the Recipient or subrecipient replace and dispose of equipment obtained with grant funds? The rules for replacing or disposing equipment obtained with grant funds vary according to Recipient or subrecipient status. A State may replace and dispose of equipment acquired under a Grant Agreement as required by its own laws and procedures. For all others, when original or replacement equipment acquired with grant funds is no longer needed for the original project or for other activities currently or previously supported by a Federal agency, equipment disposition will be as follows: (a) Equipment with a current market value of less than $5,000 may be retained, sold, or otherwise disposed of with no further obligation to the FWS. (b) Equipment with a current market value in excess of $5,000 may be retained or sold and the FWS will have a right to an amount calculated by applying the percentage of Federal participation in the cost of the original project to the current market value of the equipment. (c) In cases where a Recipient or subrecipient fails to take appropriate disposition actions, the FWS may direct the Recipient or subrecipient regarding required actions. In such cases, the FWS reserves the right to transfer title to the Federal Government or a third party of its choosing, when such a third party is otherwise eligible under existing statutes. E -3 How often must the Recipient or subrecipient inventory equipment? A State may inventory equipment acquired under a grant according to its own laws and procedures. Every other Recipient or subrecipient must take a physical inventory of equipment acquired with grant or match funds or received as a matching in -kind contribution immediately prior to submitting the final performance report and at least once every two years thereafter. 12