StacksVerified U.S. regulatory reference

32 CFR §37.540

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
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:
  1. (a)The original cost of the asset;
  2. (b)Its estimated remaining useful life at the time of your negotiations;
  3. (c)The effect of any increased maintenance charges or decreased performance due to age; and
  4. (d)The amount of depreciation that the participant previously charged to Federal awards.