1 / 12

Understanding Cost Sharing and Matching in Grant Programs

Explore the concept of cost sharing and matching in federally assisted projects. Learn acceptable methods to fulfill matching requirements and the types of contributions that qualify. Get insights, examples, and restrictions on matching.

blackledge
Download Presentation

Understanding Cost Sharing and Matching in Grant Programs

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Cost Sharing/MatchingPresented by Carla Sheppard

  2. Overview • What is cost sharing/matching? • Acceptable ways to meet matching requirements • Types of Matching • Questions

  3. What is Matching? • The value of the third party in-kind contributions and the portion of the costs of a federally assisted project or program not borne by the Federal government. • The portion of project cost not paid by Federal funds.

  4. Types of Matching • Third party in-kind contributions • Cash contributions • Soft Match

  5. Third Party In-Kind Contributions • The property or services which benefit a federally assisted project or program and which are contributed by non-Federal third parties without charge to the grantee, or a cost-type contractor under the grant agreement.

  6. Third Party In-Kind Contribution Continued • Examples: • Equipment donated free of charge for an approved HMEP grant project/activity. • A building provided free of charge to conduct an approved HMEP grant project/activity.

  7. Cash Contributions • The grantee’s cash outlay including the outlay of money contributed to the grantee or subgrantee by other public agencies and institutions, and private organizations and individuals.

  8. Cash Contributions Continued • Examples: • Paying part of the cost of an approved HMEP grant activity/project or training. • Use of state funds to meet 100% or part of the match. • Purchase of supplies or equipment for activity/project to meet match requirement.

  9. Soft Match • The use of an individual’s time for training is what is considered as a soft match. • Examples: • The time a participant attends a technician class. • Cannot use as match if participant is getting paid for attending training.

  10. Soft Match Continued • Volunteer first responders’ attendance to an approved HMEP activity/project or training can be used as match. • Time should be based on a reasonable rate in which the grantee has determined by use of a formula or other method.

  11. Restrictions • If an activity/project is unallowable under the HMEP Grant Program then you are unable to use anything attached to it as a match. • Program Income and State fees collected in reference to hazmat transportation are not allowed to be used as a match. (49CFR §18.24(b)(4))

  12. Questions

More Related