§37.540. May I accept fully depreciated real property or equipment as cost sharing?
32 C.F.R. § 37.540
You should limit the value of any contribution of a fully depreciated asset to a reasonable use charge. In determining what is reasonable, you must consider:
The original cost of the asset;
Its estimated remaining useful life at the time of your negotiations;
The effect of any increased maintenance charges or decreased performance due to age; and
The amount of depreciation that the participant previously charged to Federal awards.
Notes, amendments, and revision history
Authority
Authority: 5 U.S.C. 301 and 10 U.S.C. 113.
Source
Source: 68 FR 47160, Aug. 7, 2003, unless otherwise noted.