[Federal Register Volume 59, Number 146 (Monday, August 1, 1994)] [Unknown Section] [Page 0] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 94-18535] [[Page Unknown]] [Federal Register: August 1, 1994] ======================================================================= ----------------------------------------------------------------------- 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. ----------------------------------------------------------------------- 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] BILLING CODE 7510-01-M