639.11—Lease qualification requirements.
(2)
There is or will be no existing Federal interest in the capital asset as of the date the lease will take effect unless as determined pursuant to § 639.13(b); and
(3)
Lease of the capital asset is more cost-effective than purchase or construction of the asset, as determined under subpart C of this part.
(b)
Once a lease has been qualified for capital assistance, it need not be re-qualified absent an affirmative act or omission by the recipient that vitiates the cost-effectiveness determination.