In accordance with federal regulations, state, local, tribal and territorial non-federal entities must dispose of equipment in accordance with state, local, tribal and territorial government laws and procedures.[269] All other non-federal entities must follow the requirements of 2 CFR § 200.313.
When equipment purchased with HMA is no longer needed for mitigation activities, tribal and local governments and private nonprofit organizations may use the items for other federally funded programs or activities.[270]
When an individual item of equipment is no longer needed for federally assisted programs or activities, tribal and local governments and private nonprofit organizations must calculate the current fair market value of each item of equipment. The recipient/subrecipient must provide the current fair market value for any item with a current fair market value of $5,000 or more. FEMA reduces eligible assistance by this amount.[271] If an individual item of equipment has a current fair market value of less than $5,000, FEMA does not reduce the eligible assistance.[272] Tribal and local government and private nonprofit organizations must comply with all disposition requirements in 2 CFR § 200.313(e).