Oklahoma Administrative Code
Title 340 - Department of Human Services
Chapter 105 - Aging Services
Subchapter 10 - Policies and Procedures Manual for Title III of the Older Americans Act of 1965, as Amended
Part 9 - FISCAL AND ADMINISTRATIVE POLICIES FOR AREA AGENCIES ON AGING AND TITLE III PROJECTS
Section 340:105-10-116 - Property management standards for area agencies on aging and Title III projects

Universal Citation: OK Admin Code 340:105-10-116

Current through Vol. 42, No. 1, September 16, 2024

(a) Policy. Area agencies on aging (AAAs) and Title III projects follow federal policy governing title, use, and disposition for real and tangible personal property whose acquisition cost was borne in whole or in part as a direct charge to Title III funds.

(b) Authority. The authority for this Section is Subpart D of Part 75 of Title 45 of the Code of Federal Regulations (C.F.R.) § 320 and Federal Register Office of Management and Budget (OMB) Circular A-110.

(1) follow all rules outlined in 45 C.F.R. 75, Subpart D;

(2) follow all rules outlined in OMB Circular A-110; and

(3) use Form 02AG013E, Equipment Inventory, to maintain a physical inventory of equipment purchased with Title III funds at a minimum cost of $1,000.

(A) The AAA may use Form 02AG013E or a computer-generated version. The computer-generated form includes all information on Form 02AG013E that is pertinent to the AAA's reporting requirements.

(B) All computer-generated forms are submitted to the State Agency for approval prior to use.

(d) Cross references. See Oklahoma Administrative Code 340:105-10-114 and 340:105-10-115.

Added at 11 Ok Reg 673, eff 11-29-93 (emergency); Added at 11 Ok Reg 2771, eff 6-13-94; Amended at 24 Ok Reg 1325, eff 6-1-07

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