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Cost Sharing/Matching Presented by Carla Sheppard

Cost Sharing/Matching Presented by Carla Sheppard. Overview. What is cost sharing/matching? Acceptable ways to meet matching requirements Types of Matching Questions. What is Matching?.

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Cost Sharing/Matching Presented by Carla Sheppard

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  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

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