Content Last Revised: 3/11/88 ---DISCLAIMER---

CFR	Code of Federal Regulations Pertaining to U.S. Department of Labor

Title 29

Labor

Chapter I

Office of the Secretary of Labor

Part 97

Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments

Subpart C

Post-Award Requirements

• Section Number: 97.33
• Section Name: Supplies.

    (a) Title. Title to supplies acquired under a grant or subgrant will 
vest, upon acquisition, in the grantee or subgrantee respectively.
    (b) Disposition. If there is a residual inventory of unused supplies 
exceeding $5,000 in total aggregate fair market value upon termination 
or completion of the award, and if the supplies are not needed for any 
other federally sponsored programs or projects, the grantee or 
subgrantee shall compensate the awarding agency for its share.