(a) CERCLA-funded property—(1) Content. The report must contain the following information:

1. (i) Classification and value of remaining supplies;
2. (ii) Description of all equipment purchased with CERCLA funds, including its current condition;
3. (iii) Verification of the current use and continued need for the equipment by site, activity, and operable unit, as applicable;
4. (iv) Notification of any property which has been stolen or vandalized; and
5. (v) A request for disposition instructions for any equipment no longer needed on the project.

6. (2) Reporting frequency. The recipient must submit an inventory report to EPA at the following times:

   1. (i) Within 90 days after completing any CERCLA-funded project or any response activity at a site; and
   2. (ii) When the equipment is no longer needed for any CERCLA-funded project or any response activity at a site.

(b) Federally owned property—(1) Content. The recipient must include the following information for each federally owned item in the inventory report:

1. (i) Description;
2. (ii) Decal number;
3. (iii) Current condition; and
4. (iv) Request for disposition instructions.

5. (2) Reporting frequency. The recipient must submit an inventory report to the appropriate EPA property accountable officer at the following times:

   1. (i) Annually, due to EPA on the anniversary date of the award;
   2. (ii) When the property is no longer needed; and
   3. (iii) Within 90 days after the end of the project period.