Code of Federal Regulations · Section
§ 109-28.5001 — -28.5001 Definition
41 C.F.R. § 109-28.5001
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Equipment held for future projects means items being retained, based on approved justifications, for a known future use, or for a potential use in planned projects.
Authorizing Statute
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Rules and regulations42 U.S.C. § 7254