25 C.F.R. § 900.59 How are the inventory requirements for Federal property different than for tribal property?
Title 25 - Indians
There are three additional requirements: (a) The Indian tribe or tribal organization shall conduct a physical inventory of the Federally-owned property and reconcile the results with the Indian tribe or tribal organization's property records annually, rather than every 2 years; (b) Within 90 days following the end of an annual funding agreement, the Indian tribe or tribal organization shall certify and submit to the Secretary an annual inventory of all Federally-owned real and personal property used in the contracted program; and (c) The inventory shall report any increase or decrease of $5,000 or more in the value of any item of real property.
Title 25: Indians
PART 900—CONTRACTS UNDER THE INDIAN SELF-DETERMINATION AND EDUCATION ASSISTANCE ACT
Subpart F—Standards for Tribal or Tribal Organization Management Systems
Property Management System Standards
§ 900.59 How are the inventory requirements for Federal property different than for tribal property?
