Common use of Proposals for Funding Clause in Contracts

Proposals for Funding. (1) Eligible entities that have pending offers that meet the program eligibility may submit their proposed parcels to NRCS State offices continuously throughout the year. Entities requesting funding must submit a pending offer for each parcel in the proposal and have the required matching funds in cash at the time of application (see section 519.52 for further details on entity matching funds requirements). (2) When FRPP funds are available, the Chief of NRCS allocates funds to each NRCS State office. The State office staff ranks the proposed parcels and selects parcels for funding. NRCS enters into cooperative agreements with eligible entities that are associated with the parcels selected and obligates the NRCS funds for their acquisition. NRCS refers to eligible entities that have entered into an FRPP cooperative agreement as “cooperating entities.”