Common use of Matching Requirements Clause in Contracts

Matching Requirements. 1. The required minimum administration matching contributions for Title III B, not including Ombudsman, III C, & III E is 25 percent (25%). 2. The required minimum program matching contributions for Title III B, not including Ombudsman, III C, & III D is 10.53 percent (10.53%). 3. The required minimum program matching contribution for Title III E is 25 percent (25%). 4. Minimum matching requirements are calculated on net costs, which are total costs less program income, non-matching contributions, and state funds. 5. Program matching contributions for Title III B, not including Ombudsman, III C, & III D can be pooled to meet the minimum requirement of 10.53 percent (10.53%).

Appears in 4 contracts

Sources: Service Agreement, Agreement, Service Agreement

Matching Requirements. 1. The required minimum administration matching contributions for Title III B, not including Ombudsman, III C, & III E is 25 percent (25%). 2. The required minimum program matching contributions for Title III B, not including Ombudsman, III C, & III D is 10.53 percent (10.53%). 3. The required minimum program matching contribution for Title III E is 25 percent (25%). 4. Minimum matching requirements are calculated on net costs, which are total costs less program income, non-matching contributions, and state funds. 5. Program matching contributions for Title III B, not including Ombudsman, III C, & III D can be pooled to meet the minimum requirement of 10.53 percent (10.53%). 6. Matching contributions generated in excess of the minimum required are considered overmatch. 7. Program overmatch from Title III B, III C, or III D can be used to meet the program match requirement for III E.

Appears in 2 contracts

Sources: Agreement, Service Agreement