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46 <br /> Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost <br /> Principles, and Audit Requirements for Federal Awards, commonly called Uniform Guidance <br /> (UG), specifically Subpart D, details post award requirements related to property management <br /> of property acquired or updated, in whole or in part, with funds from the Coronavirus State and <br /> Local Fiscal Recovery Funds of H.R. 1319 American Rescue Plan Act of 2021 (ARP/CSLFRF). <br /> 2 CFR 200.311 through 2 CFR 200.316 detail property standards related to the expenditure of <br /> ARP/CLSFRF funds. Orange County shall adhere to all applicable property standards, as detailed <br /> below. <br /> II. DEFINITIONS <br /> The definitions in 2 CFR 200.1 apply to this policy, including the following: <br /> Computing devices: machines used to acquire, store, analyze, process, and publish data <br /> and other information electronically, including accessories (or "peripherals") for <br /> printing, transmitting and receiving, or storing electronic information. See also the <br /> definitions of supplies and information technology systems in this section. <br /> Equipment: tangible personal property (including information technology systems) <br /> having a useful life of more than one year and a per-unit acquisition cost which equals <br /> or exceeds the lesser of the capitalization level established by the County for financial <br /> statement purposes, or$5,000. <br /> Information technology systems: computing devices, ancillary equipment, software, <br /> firmware, and similar procedures, services (including support services), and related <br /> resources. See also the definitions of computing devices and equipment in this section. <br /> Intangible property: property having no physical existence, such as trademarks, <br /> copyrights, patents and patent applications and property, such as loans, notes and other <br /> debt instruments, lease agreements, stock and other instruments of property ownership <br /> (whether the property is tangible or intangible). <br /> Personal property: property other than real property. It may be tangible, having <br /> physical existence, or intangible. <br /> Property: real property or personal property. <br /> Real property: land, including land improvements, structures and appurtenances <br /> thereto, but excludes moveable machinery and equipment. <br /> Supplies: all tangible personal property other than those described in the definition <br /> of equipment in this section. A computing device is a supply if the acquisition cost is less <br /> than the lesser of the capitalization level established by the local government for <br />