C.F.R. » Title 41 » CHAPTER 102—FEDERAL MANAGEMENT REGULATION › SUBCHAPTER B—PERSONAL PROPERTY › PART 102-36—DISPOSITION OF EXCESS PERSONAL PROPERTY › Subpart C—Acquiring Excess Personal Property for Non-Federal Recipients

41 C.F.R. § 102-36.95

Cooperative limitations

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You must limit the total original acquisition cost of property transfers to the dollar value of the cooperative agreement. For any transfers more than such amount, you must ensure that an official of your agency at a level higher than the officer administering the agreement approves the transfer. The Federal Government retains title to such property, except when provided by specific statutory authority.