Ownership of Real Property and Equipment. While title to real property or equipment associated with a broadband infrastructure Project (“Project Property”) awarded under the Program vests in the Participant, the federal government maintains a federal interest in property associated with a broadband infrastructure Project funded with CPF funds and substantially completed by December 31, 2026. The Federal Interest Period runs through December 31, 2034. Reference is made to the U.S. Treasury SLFRF and CPF Supplementary Broadband Guidance (May 17, 2023), found at SLFRF and CPF Supplementary Broadband Guidance (xxxxxxxx.xxx), for specific conditions imposed by the federal government on real property and equipment during the Federal Interest Period, as well as the treatment of program income, cost principles and procurement practices related to broadband infrastructure Projects. For the duration of the Federal Interest Period, Participant and any successors or transferees:
