[Code of Federal Regulations]
[Title 40, Volume 1]
[Revised as of July 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 40CFR14.14]
[Page 216]
TITLE 40--PROTECTION OF ENVIRONMENT
CHAPTER I--ENVIRONMENTAL PROTECTION AGENCY
PART 14_EMPLOYEE PERSONAL PROPERTY CLAIMS--Table of Contents
Sec. 14.14 Computation of award.
(a) The amount awarded on any item may not exceed its adjusted cost.
Adjusted cost is either the purchase price of the item or its value at
the time of acquisition, less appropriate depreciation. The amount
normally payable for property damaged beyond economical repair is its
depreciated value immediately before the loss or damage, less any
salvage value. If the cost of repair is less than the depreciated value,
it will be considered to be economically repairable and only the cost of
repair will be allowable.
(b) Notwithstanding a contract to the contrary, the representative
of an employee is limited by 31 U.S.C. 3721(i) to receipt of not more
than 10 percent of the amount of an award under this part for services
related to the claim. A person violating this paragraph is subject to a
fine of not more than $1,000. 31 U.S.C. 3721(i).