Common use of QUARTERLY MATCH Clause in Contracts

QUARTERLY MATCH. Federal funds provided under the EMPG-APRA agreement shall be matched by the Sub-Recipient dollar for dollar totaling the award amount. A Sub-Recipient needs to show it is meeting the match requirement for the total award amount; the match costs do not need to be broken down or assigned to individual projects. In addition, a Sub-Recipient may undermatch (contribute less than 50%) to a particular project if it is also overmatching (contribute more than 50%) toward another project to make up the difference, provided that the end result is the Sub-Recipient contributing a net total amount that matches the total EMPG-ARPA award amount. Unless otherwise authorized by law, Federal funds cannot be matched with other Federal funds. To meet matching requirements, the Sub-Recipient contributions must be reasonable, allowable, allocable, and necessary under the grant program and must comply with all Federal requirements and regulations. In order to demonstrate successful completion of task 1 for quarter 1-4, the Recipient must submit the following items in the Division’s Salesforce system or via email to your Grant Manager: • Provide Quarterly Match Form 3A to identify the non-federal match amount;

Appears in 2 contracts

Samples: Subaward Grant Agreement, Subaward Grant Agreement

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QUARTERLY MATCH. Federal funds provided under the EMPG-APRA EMPG agreement shall be matched by the Sub-Recipient dollar for dollar totaling the award amount. A Sub-Recipient needs to show it is meeting the match requirement for the total award amount; the match costs do not need to be broken down or assigned to individual projects. In addition, a Sub-Recipient may undermatch (contribute less than 50%) to a particular project if it is also overmatching (contribute more than 50%) toward another project to make up the difference, provided that the end result is the Sub-Recipient contributing a net total amount that matches the total EMPG-ARPA EMPG award amount. Unless otherwise authorized by law, Federal funds cannot be matched with other Federal funds. To meet matching requirements, the Sub-Recipient contributions must be reasonable, allowable, allocable, and necessary under the grant program and must comply with all Federal requirements and regulations. In order to demonstrate successful completion of task 1 for quarter 1-4, the Recipient must submit the following items in the Division’s Salesforce system or via email to your Grant Manager: • Provide Quarterly Match Form 3A to identify the non-federal match amount;system:

Appears in 1 contract

Samples: Subaward Agreement

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QUARTERLY MATCH. Federal funds provided under the EMPG-APRA agreement shall be matched by the Sub-Recipient dollar for dollar totaling the award amount. A Sub-Recipient needs to show it is meeting the match requirement for the total award amount; the match costs do not need to be broken down or assigned to individual projects. In addition, a Sub-Recipient may undermatch (contribute less than 50%) to a particular project if it is also overmatching (contribute more than 50%) toward another project to make up the difference, provided that the end result is the Sub-Recipient contributing a net total amount that matches the total EMPG-ARPA award amount. Unless otherwise authorized by law, Federal funds cannot be matched with other Federal funds. To meet matching requirements, the Sub-Recipient contributions must be reasonable, allowable, allocable, and necessary under the grant program and must comply with all Federal requirements and regulations. In order to demonstrate successful completion of task 1 for quarter 1-4, the Recipient must submit the following items in the Division’s Salesforce system or via email to your Grant Manager: • Provide Quarterly Match Form 3A to identify the non-federal match amount;system:

Appears in 1 contract

Samples: Subaward Grant Agreement

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