2 CFR 1130.200 - Purpose of PROP Article II.

Regulations last checked for updates: Nov 24, 2024

Title 2 - Grants and Agreements last revised: Jan 01, 1900

View all text of Subpart B [§ 1130.200 - § 1130.215]

§ 1130.200 - Purpose of PROP Article II.

(a) PROP Article II prescribes standards for:

(1) Insurance coverage for real property and equipment acquired or improved under awards;

(2) The system that a recipient uses to manage both equipment that is acquired or improved in whole or in part under awards and federally owned property.

(b) It thereby implements OMB guidance in 2 CFR 200.310 and 200.313(d)(1) through (4), and partially implements 2 CFR 200.313(b).

authority: 5 U.S.C. 301 and 10 U.S.C. 113.

source: 85 FR 51171, Aug. 19, 2020, unless otherwise noted.

cite as: 2 CFR 1130.200