NASA collects information from grant and cooperative agreement awardees (institutions of higher education and other non-profit organizations) to ensure the proper accounting of federal property within their use/control. The information is used by NASA to maintain an effective internal control system and comply with the Chief Financial Officer Act regarding the accountability of Federal funds, 2 CFR Chapters I and II/OMB Guidance for Grants and Cooperative Agreement, and reporting and record keeping per 14 CFR Part 1260.74, Grants and Cooperative Agreements. The title of the information collection was changed to align with the scope. Other changes include an increase in the number of eligible respondents reporting and decrease in the burden hours.
The latest form for Property Inventory Report, Grants with Educational and Nonprofit Entities expires 2020-11-30 and can be found here.
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