In-Kind Match Sample Clauses

In-Kind Match. The Recipients shall provide matching funds in the total amount of $6,000 which shall be comprised of a cash contribution of $6,000.

In-Kind Match. A minimum of $450,000 (15 percent of the Grant total funding) must be in-kind contributions committed by the Grantee (exclusive of providing cash match). “In-kind contributions” for the purposes of the Trade- Up Pilot Project means resources or services contributed by the Grantee to manage the project, but not charged to the Trade-Up Pilot Project (e.g., staff time, infrastructure, etc.). Federal, State (non-AB 118), local, or private funding may be leveraged as either cash match or in-kind contributions, but not both, and will only be considered in the project scoring if the funding results in a direct benefit to the Trade-Up Pilot Project. Match contributions must be identified in the proposed project budget.

In-Kind Match. In-kind (soft) match includes, but is not limited to, the valuation of in-kind services. “In-kind” is the value of something received or provided that does not have a cost associated with it. For example, if in-kind match (other than cash payments) is permitted, then the value of donated services could be used to comply with the match requirement. Also, third party in-kind contributions may count toward satisfying match requirements provided the grantee receiving the contributions expends them as allowable costs in compliance with 2 CFR Part 200 Subpart E, Cost Principles for State, Local, and Indian Tribal Governments and 2 CFR Part 200, Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments. compliance with the program guidance and/or program regulations, 2 CFR § 200, and 2 CFR § 200 Subpart E.  For costs to be eligible to meet matching requirements, the costs must first be allowable under the grant program.  The costs must also be in compliance with all Federal requirements and regulations (e.g., 2 CFR Part 200 and 2 CFR Part 200 Subpart E); the costs must be reasonable, allowable, allocable, and necessary.  Records for all expenditures relating to cost sharing or matching must be kept in the same manner as those for the grant funds. - The following documentation is required for third-party cash and in-kind contributions: Record of donor; Dates of donation; Rates for staffing, equipment or usage, supplies, etc.; Amounts of donation; and Deposit slips for cash contributions. According to 2 CFR § 200.306, this documentation is to be held at the Applicant and/or sub-applicant level.  Except as provided by Federal statute, a cost sharing or matching requirement may not be met by costs borne by another Federal grant.  The source of the match funds must be identified in the grant application.  Every item must be verifiable, i.e., tracked and documented.  Any claimed cost share expense can only be counted once. Non-Federally funded equipment or facilities used during exercises can be claimed as soft match, but only at the time of donation. For example, only the fair market price for the use of the facility for the period of the exercise can be claimed as match. Third party in-kind contributions of salary, travel, equipment, supplies and other budget areas that are from third party sources must be in compliance with 2 CFR § 200.306, Matching or Cost Sharing. These types of contributions include voluntary ...