Common use of FEDERAL SHARE OF COSTS Clause in Contracts

FEDERAL SHARE OF COSTS. Payment of the United States’ share of the allowable project costs will be made pursuant to and in accordance with the provisions of such regulations and procedures as the Secretary of the United States Department of Transportation (hereinafter, “USDOT”) shall practice. Final determination of the United States’ share will be based upon the audit of the total amount of allowable project costs and settlement will be made for any upward or downward adjustments to the federal share of costs.

Appears in 3 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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FEDERAL SHARE OF COSTS. Payment of the United States’ share of the allowable project costs will be made pursuant to and in accordance with the provisions of such regulations regulations, policies and procedures as the Secretary of the United States Department of Transportation (hereinafter, “USDOT”) shall practice. Final determination of the United States’ share will be based upon the audit of the total amount of allowable project costs and settlement will be made for any upward or downward adjustments to the federal share of costs.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

FEDERAL SHARE OF COSTS. Payment of the The United States’ share of the allowable project costs will be made pursuant to and in accordance with 49 USC §47109, the provisions of such regulations and procedures as regulations, the Secretary of the United States Department of Transportation Transportation’s (hereinafter, USDOTSecretary’s”) shall practicepolicies and procedures and the Act(s) reference above, as may be applicable. Final determination of the United States’ share will be based upon the final audit of the total amount of allowable project costs costs, and settlement will be made for any upward or downward adjustments to the federal Federal share of costs.

Appears in 1 contract

Samples: Grant Agreement

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FEDERAL SHARE OF COSTS. Payment of the The United States’ share of the allowable project costs will be made pursuant to and in accordance with 49 USC § 47109 and the provisions of such regulations regulations, policies and procedures as the Secretary of the United States Department of Transportation (hereinafter, “USDOT”) shall practice. Final determination of the United States’ share will be based upon the final audit of the total amount of allowable project costs costs, and settlement will be made for any upward or downward adjustments to the federal share of costs.

Appears in 1 contract

Samples: Grant Agreement

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