80.12—Cost sharing.

Federal participation is limited to 75 percent of eligible costs incurred in the completion of approved work or the Federal share specified in the grant, whichever is less, except that the non-Federal cost sharing for the Commonwealths of Puerto Rico and the Northern Mariana Islands, the District of Columbia, and the territories of Guam, the U.S. Virgin Islands, and American Samoa must not exceed 25 percent and may be waived at the discretion of the Regional Director.

(a) A minimum Federal participation of 10 percent of the estimated costs is required as a condition of approval.

(b) The non-Federal share of project costs may be in the form of cash or in-kind contributions.

(c) The non-Federal share of project costs may not be derived from other Federal funds, except as authorized by specific legislation.

[>47 FR 22539, May 25, 1982, as amended at 73 FR 43129, July 24, 2008]

CFR

80.12—Cost sharing.