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Environmental, Uniform Guidance, and Other Generally Applicable Requirements <br />Treasury cautions that, as is the case with all projects using SLFRF funds, all projects <br />must comply with applicable federal, state, and local law. In the case of capital expenditures in <br />particular, this includes environmental and permitting laws and regulations. Likewise, as with all <br />capital expenditure projects using the SLFRF funds, projects must be completed in a manner that <br />is technically sound, meaning that it must meet design and construction methods and use <br />materials that are approved, codified, recognized, fall under standard or acceptable levels of <br />practice, or otherwise are determined to be generally acceptable by the design and construction <br />industry. <br />Further, as with all other uses of funds under the SLFRF program, the Uniform Guidance <br />at 2 C.F.R. 200 applies to capital expenditures unless stated otherwise. Importantly, this includes <br />2 C.F.R. 200 Subpart D on post -federal award requirements, including property standards <br />pertaining to insurance coverage, real property, and equipment; procurement standards; sub - <br />recipient monitoring and management; and record retention and access. <br />Definitions <br />Treasury adopts several definitions from the Uniform Guidance at 2 C.F.R. 200.1 under <br />this section, including for capital expenditures, capital assets, equipment, and supplies. <br />Per the Uniform Guidance, the term "capital expenditures" means "expenditures to <br />acquire capital assets or expenditures to make additions, improvements, modifications, <br />replacements, rearrangements, reinstallations, renovations, or alterations to capital assets that <br />materially increase their value or useful life." The term "capital assets" means "tangible or <br />207 <br />