REQUEST FOR PROPOSALS

Standards for Cost Sharing

 

IUEP contributes to projects to help get them implemented, but rarely takes on a majority role in their financing. Cost sharing, owner financing, and in-kind services are expected to be the greater part of overall project financing.

Applicants must generally demonstrate matching funds at a minimum level of 50 percent of the total cost of the project. It is anticipated that some applicants will demonstrate cost sharing substantially greater than 50 percent. This cost share requirement may be waived by IUEP under certain circumstances, including feasibility study proposals submitted by a small business with a total cost less than $150,000.

Cost-sharing includes both items with a cash cost and other “in-kind” goods and services provided on a non-cash basis. These “in-kind” contributions may be provided by your organization directly or by other organizations (other than the U.S. Federal government, as noted below). Third party in-kind contributions may be in the form of real property, equipment, supplies and other expendable property, and the value of goods and services directly benefiting and specifically identifiable to the project or program.

For our evaluation of your proposal, cost-sharing and in-kind contributions do not include contributions that were paid by the U.S. Federal Government under another award (except where authorized by Federal statute to be used for cost sharing or matching). Also, the value estimated for in-kind contributions of services and property shall be established in accordance with the applicable cost principles, and should generally reflect the fair market value or the value of the remaining life of the property, whichever is less.

For Additional Information

For questions regarding the standards for cost-sharing and in-kind services, we encourage you to refer to the following documents:

AuthorDocumentInternet Address
U.S. Office of Management and BudgetCIRCULAR No. A-110 (Revised): Uniform Administrative Requirements for Grants and Agreements With Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations (see especially Part A, No. 2 – Definitions, and Part C, No. 23 – Cost-sharing or matching)www.whitehouse.gov...
U.S. Office of Management and BudgetCIRCULAR No. A-21 (Revised): Cost Principles for Educational Institutionswww.whitehouse.gov...
U.S. Office of Management and BudgetCIRCULAR No. A-122 (Revised): Cost Principles for Non-Profit Organizationswww.whitehouse.gov...
U.S. Federal Acquisition Regulations (FAR)FAR Part 31 – Contract Cost Principles and Procedures (see especially Subpart 31.2 – Contracts With Commercial Organizationsfarsite.hill.af.mil...