[Federal Register Volume 59, Number 146 (Monday, August 1, 1994)]
[Unknown Section]
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From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-18535]


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[Federal Register: August 1, 1994]


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NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

 

14 CFR Part 1260

NASA Research Grant Handbook, Inventory Listings; Reporting Period and 
Due Date
AGENCY: Office of Procurement, Procurement Policy Divisions, National 
Aeronautics and Space Administration (NASA).

ACTION: Interim rule.

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SUMMARY: NASA has revised its Research Grant Handbook to change the 
reporting period and report due date for annual equipment inventory 
listings from June 30 and July 31, respectively, to September 30 and 
October 31, respectively. This regulation is issued as an interim rule 
to avoid unnecessary work by grantees to comply with the present 
reporting requirements and to ensure that new awards reflect the 
revised requirements.

DATES: This interim rule is effective August, 1, 1994.
    Comments are due on or before September 30, 1994.

ADDRESSES: Comments should be addressed to Tom O'Toole, NASA 
Headquarters, Office of Procurement, Procurement Policy Division (Code 
HP), Washington, DC 20546.

FOR FURTHER INFORMATION CONTACT:
Tom O'Toole, telephone: (202) 358-0478.

SUPPLEMENTARY INFORMATION:

Background

    The Research Grant Handbook, 14 CFR part 1260, NHB 5800.1C, 
currently requires recipients of grants and cooperative agreements to 
submit an annual inventory of all Government furnished property. The 
reporting period and report due date, however, are not on a fiscal year 
basis, thereby creating an inconsistency with other financial data 
reported on a fiscal year basis. This FR notice changes the inventory 
report period and due date to a fiscal year basis.

Availability of NASA Grant Handbook

    The NASA Research Grant Handbook, of which this regulation will 
become a part, is codified in 14 CFR part 1260 and is available in its 
entirety on a subscription basis from the Superintendent of Documents, 
Government Printing Office, Washington, DC 20402, (202) 783-3238. Cite 
GPO Subscription Stock Number 933-001-00000-8. It is not distributed to 
the public, whether in whole or in part, directly by NASA.

Impact

    NASA certifies that this interim rule will not have a significant 
economic effect on a substantial number of small entities within the 
meaning of the Regulatory Flexibility Act (5 U.S.C. 601 et seq.). The 
reporting or recordkeeping requirements subject to the Paperwork 
Reduction Act are approved under OMB control number 2700-0047 through 
November 30, 1995.

List of Subjects in 14 CFR Part 1260

    Grants.
Tom Luedtke,
Deputy Associate Administrator for Procurement.

    Accordingly, 14 CFR part 1260 is amended as follows:

PART 1260--GRANTS AND COOPERATIVE AGREEMENTS

    1. The authority citation for 14 CFR part 1260 continues to read as 
follows:

    Authority: Pub. L. 97-258, 31 U.S.C. 6301 et seq.

Subpart 1260.4--Provisions and Special conditions

    2. Section 1260.408 is amended by revising the undesignated center 
heading preceeding paragraph (a) and the first two sentences of 
paragraph (h) to read as follows:


Sec. 1260.408  Equipment and other property.

Equipment and Other Property (Jul. 1994)

* * * * *
    (h) Annually by October 31, the grantee shall submit an 
inventory report which lists all Government furnished equipment in 
its custody as of September 30. The original of the report shall be 
submitted directly to the installation financial management officer, 
and two copies to the administrative grants officer. The grantee 
shall also submit two copies of a final inventory report to the 
administrative grants officer by 60 days after the expiration date 
of the grant. * * *

Subpart 1260.6--Reports

    3. Section 1260.604 is revised to read as follows:


Sec. 1260.604  Inventory listings of equipment.

    As provided in Sec. 1260.408(h), an annual inventory listing of 
Government furnished equipment will be submitted by October 31 of each 
year. The grantee shall provide 1 copy of the listing directly to the 
installation financial management officer, and 2 copies to the 
administrative grant officer. The administrative grant officer will 
provide 1 copy to the installation industrial property officer. The 
listing shall include the information specified in Sec. 1260.507(a)(1) 
and beginning and ending dollar value totals for the reporting period. 
A final inventory report of Government furnished equipment and grantee 
acquired equipment is due 60 days after the end of the grant, in 
accordance with Sec. 1260.408(h). Upon receipt of the final inventory 
report, the administrative grant officer will provide 1 copy to the 
technical officer and 1 copy to the NASA installation industrial 
property officer.

[FR Doc. 94-18535 Filed 7-29-94; 8:45 am]
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