Regulations last checked for updates: May 01, 2025

Title 32 - National Defense last revised: Jan 17, 2025
§ 37.540 - May I accept fully depreciated real property or equipment as cost sharing?

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:

(a) The original cost of the asset;

(b) Its estimated remaining useful life at the time of your negotiations;

(c) The effect of any increased maintenance charges or decreased performance due to age; and

(d) The amount of depreciation that the participant previously charged to Federal awards.

authority: 5 U.S.C. 301 and 10 U.S.C. 113.
source: 68 FR 47160, Aug. 7, 2003, unless otherwise noted.
cite as: 32 CFR 37.540