Department of Justice
For the costs of a—
Use the principles in—
State, local or Indian tribal
government.
Private nonprofit organization
ather than an (1) institution
of higher education, (2)
hospital, or (3) organization
named in OMB Circular A—
122 as not subject to that
circular.
Educational institutions. .........
For-prafit arganization other
than a hospital and an or-
ganization named in OBM
Circular A-122 as not sub-
ject to that circular.
OMB Circular A-87.
OBM Circular A-122.
OMB Circular A-21.
48 CFR part 31. Contract
Cost Principles and Proce-
dures, of uniform cost ac-
counting standards that
comply with cast principles
acceptable to the Federal
agency.
§66.23 Period of availability of funds.
(a) General. Where a funding period is
specified, a grantee may charge to the
award only costs resulting from obliga-
tions of the funding period unless car-
ryover of unobligated balances is per-
mitted, in which case the carryover
balances may be charged for costs re-
sulting from obligations of the subse-
quent funding period.
(b) Liguidation of obligations. A grant-
ee must liquidate all obligations in-
curred under the award not later than
90 days after the end of the funding pe-
riod (or as specified in a program regu-
lation) to coincide with the submission
of the annual Financial Status Report
(SF-269). The Federal agency may ex-
tend this deadline at the request of the
grantee.
§66.24 Matching or cost sharing.
(a) Basic rule: Costs and contributions
acceptable. With the qualifications and
exceptions listed in paragraph (b) of
this section, a matching or cost shar-
ing requirement may be satisfied by ei-
ther or both of the following:
(1) Allowable costs incurred by the
grantee, subgrantee or a cost-type con-
tractor under the assistance agree-
ment. This includes allowable costs
porne by non-Federal grants or by oth-
ers cash donations from non-Federal
third parties.
(2) The value of third party in-kind
contributions applicable to the period
to which the cost sharing or matching
requirements applies.
(b) Qualifications and exceptions—(1)
Costs borne by other Federal grant agree-
ments. Except as provided by Federal
§ 66.24
statute, a cost sharing or matching re-
quirement may not be met by costs
borne by another Federal grant. This
prohibition does not apply to income
earned by a grantee or subgrantee from
a contract awarded under another Fed-
eral grant.
(2) General revenue sharing. For the
purpose of this section, general revenue
sharing funds distributed under 31
U.S.C. 6702 are not considered Federal
grant funds.
(3) Cost or contributions counted to-
wards other Federal costs-sharing require-
menis. Neither costs nor the values of
third party in-kind contributions may
count towards satisfying a cost sharing
or matching requirement of a grant
agreement if they have been or will be
counted towards satisfying a cost shar-
ing or matching requirement of an-
other Federal grant agreement, a Fed-
eral procurement contract, or any
other award of Federal funds.
(4) Costs financed by program income.
Costs financed by program income, as
defined in §66.25, shall not count to-
wards satisfying a cost sharing or
matching requirement unless they are
expressly permitted in the terms of the
assistance agreement. (This use of gen-
eral program income is described in
§ 66.25(g).)
(5) Services or property financed by in-
come earned by contractors. Contractors
under a grant may earn income from
the activities carried out under the
contract in addition to the amounts
earned from the party awarding the
contract. No costs of services or prop-
erty supported by this income may
count toward satisfying a cost sharing
or matching requirement unless other
provisions of the grant agreement ex-
pressly permit this kind of income to
be used to meet the requirement.
(6) Records. Costs and third party in-
kind contributions counting towards
satisfying a cost sharing or matching
requirement must be verifiable from
the records of grantees and subgrantee
or cost-type contractors. These records
must show how the value placed on
third party in-kind contributions was
derived. To the extent feasible, volun-
teer services will be supported by the
same methods that the organization
uses to support the allocability of reg-
ular personnel costs.
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