36 Cfr 51.55

[Code of Federal Regulations]
[Title 36, Volume 1]
[Revised as of July 1, 2009]
From the U.S. Government Printing Office via GPO Access
[CITE: 36CFR51.55]

[Page 310]

TITLE 36--PARKS, FORESTS, AND PUBLIC PROPERTY

CHAPTER I--NATIONAL PARK SERVICE, DEPARTMENT OF THE INTERIOR

PART 51_CONCESSION CONTRACTS--Table of Contents

Subpart G_Leasehold Surrender Interest

Sec. 51.55 What must a concessioner do after substantial completion of the

capital improvement?

Upon substantial completion of the construction of a capital
improvement in which the concessioner is to obtain a leasehold surrender
interest, the concessioner must provide the Director a detailed
construction report. The construction report must be supported by actual
invoices of the capital improvement's construction cost together with,
if requested by the Director, a written certification from a certified
public accountant. The construction report must document, and any
requested certification by the certified public accountant must certify,
that all components of the construction cost were incurred and
capitalized by the concessioner in accordance with GAAP, and that all
components are eligible direct or indirect construction costs as defined
in this part. Invoices for additional construction costs of elements of
the project that were not completed as of the date of substantial
completion may subsequently be submitted to the Director for inclusion
in the project's construction cost.