In cases where the U.S. government does not retain title, the Subawardee will retain title to equipment it purchases upon acquisition, subject to the right of the UW to recall equipment with an acquisition cost of $5,000 or more up to 120 calendar days after expiration of the Subaward.
When neither the UW nor Subawardee retains the title to equipment acquired through the use of prime sponsor's funds (normally Federal contracts), the Subaward team will notify the Equipment Inventory Office (EIO) and within 60 days following termination, a request (using the Close Out Certification form) shall be made by the prime contractor (UW) to the subcontractor concerning final disposition of the equipment.
