Code of Federal Regulations

Title 14 - Aeronautics and Space
Volume: 3Date: 2021-01-01Original Date: 2021-01-01Title: Section § 152.313 - Property management standards.Context: Title 14 - Aeronautics and Space. CHAPTER I - FEDERAL AVIATION ADMINISTRATION, DEPARTMENT OF TRANSPORTATION (CONTINUED). SUBCHAPTER I - AIRPORTS. PART 152 - AIRPORT AID PROGRAM. Subpart D - Accounting and Reporting Requirements.
§ 152.313 Property management standards. (a) The sponsor shall establish and maintain property management standards in accordance with Attachment N of Office of Management and Budget Circular A-102 (42 FR 45828) for the utilization and disposition of property furnished by the Federal Government, or acquired in whole or in part by the sponsor with Federal funds. (b) A sponsor may use its own property management standards and procedures as long as the standards required by paragraph (a) of this section are included.