(c) The recipient shall
use the equipment in the project or program for which it was acquired
as long as needed, whether or not the project or program continues to
be supported by Federal funds and shall not encumber the property without
approval of the Federal awarding agency. When no longer needed for the
original project or program, the recipient shall use the equipment in
connection with its other federally-sponsored activities, in the following
order of priority: (i) Activities sponsored by the Federal awarding
agency which funded the original project, then (ii) activities sponsored
by other Federal awarding agencies. (Link)