50 CFR 85.40 - Cost sharing.

Regulations last checked for updates: Nov 24, 2024

Title 50 - Wildlife and Fisheries last revised: Nov 18, 2024

View all text of Subpart D [§ 85.40 - § 85.48]

§ 85.40 - Cost sharing.

(a) The Federal share shall not exceed 75% of total costs approved in the grant agreement.

(b) The provisions of 43 CFR 12.64 apply to cost sharing or matching requirements. Third party in-kind contributions must be necessary and reasonable to accomplish grant objectives and represent the current market value of noncash contributions furnished as part of the grant by another public agency, private organization, or individual.

authority: 16 U.S.C. 777g(c)

source: 59 FR 11206, Mar. 10, 1994, unless otherwise noted.

cite as: 50 CFR 85.40