2 C.F.R. § 1108.185
Federal interest.
Cite as 2 C.F.R. § 1108.185 (2026)
Federal interest
means, in relation to real property, equipment, or supplies acquired or improved under an award or subaward, the dollar amount that is the product of the:
(a) Federal share of total project costs; and
(b) Current fair market value of the property, improvements, or both, to the extent the costs of acquiring or improving the property were included as project costs.