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Code · CFR · Title 2 — Federal Financial Assistance · Part 930 — Other Transaction Agreements · § 930.220

§ 930.220. Real property and equipment.

114 words·~1 min read·/us/cfr/t2/s§ 930.220·

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(a)The participant must include the cost of the real property or equipment as part of the proposed cost of the project. The Agreements Officer (AO), meaning the cognizant warranted Department of Energy
(DOE)or National Nuclear Security Administration official authorized to execute and administer other transaction
(OT)agreements, must approve the use of project funds (Federal or cost share) to purchase real property or equipment. The AO should specify the use, management, vesting of title, and disposition requirements in the award.
(b)The AO may include an alternative property provision where DOE is authorized to grant title to property or equipment acquired under an OT agreement when determined such a grant is appropriate.
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