Section 37.695 - What are the requirements for Federally owned property?If you provide Federally owned property to any participant for the performance of research under a TIA, you must require that participant to account for, use, and dispose of the property in accordance with:
(a)32 CFR 34.22 , if the participant is a for-profit firm.(b) The requirements that apply to the participant's other Federal awards, if it is an entity other than a for-profit firm. If the other Federal awards of a participant that is a GOCO or FFRDC administered by a nonprofit organization are procurement contracts, it is appropriate for you to specify the same property standards that apply to those Federal procurement contracts.68 FR 47160, Aug. 7, 2003, as amended at 85 FR 51246, Aug. 19, 2020