Capital improvement

Capital improvement or capital expenditure for improvement means:
(1) A structure that costs at least $25,000 to build, acquire, or install; or the alteration or repair of a structure or the replacement of a structural component, if it increases the structure's useful life by at least 10 years or its market value by at least $25,000.
(2) An agency may use its own definition of capital improvement if its definition includes all capital improvements as defined here.

Source

50 CFR § 80.2

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Scoping language

The terms in this section pertain only to the regulations in this part.

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