49 C.F.R. § 639.27 Minimum criteria.
Title 49 - Transportation
In making the comparison between leasing and purchasing or constructing an asset, recipients should ascribe a realistic dollar value to any non-financial factors that are considered by using performance-based specifications in the comparison. In addition to factors unique to each recipient, the following factors are to be used where possible and appropriate: (a) Operation costs; (b) Reliability of service; (c) Maintenance costs; (d) Difference in warranties; (e) Passenger comfort; (f) Insurance costs; (g) Costs/savings related to timing of acquisition of asset. (h) Value of asset at expiration of the lease.
Title 49: Transportation
PART 639—CAPITAL LEASES
Subpart C—Cost-Effectiveness
§ 639.27 Minimum criteria.
