Common use of Matching Requirements Clause in Contracts

Matching Requirements. a) The Grantee agrees to provide local matching contribution to the Program as defined in the “Grantee Share” column of the budget shown in Attachment B. The Grantee shall meet the budgeted match percent of the Grantee share for each reporting period, unless the Commission otherwise agrees in writing. b) The Grantee shall comply with requirements related to allowable kinds and sources of matching funds and matching fund documentation requirements pursuant to “OMB Cost Principles”, 2 CFR 200(E). Grantees utilizing matching funds from other Federal sources must have consent from the other Federal source allowing the use of the funds as match under this Grant. Grantees shall report the amount and sources of federal funds, other than those provided by CNCS, used to carry out its Program. This includes other federal funds expended by Program Subrecipients and operating sites. This information shall be reported by the Grantee on the Federal Financial Report (FFR). c) If a Program fails to meet the matching requirements, the Commission will notify the Grantee in writing of the situation and request that the costs be brought into alignment with the budgeted federal and match percentages within one reporting period. If there is an on- going issue related to match, the Commission may notify the Financial Representative, Program Representative and/or the Authorized Representative of the Grantee agency. The Commission may suspend payment of reimbursement request(s) until the situation is corrected.

Matching Requirements. a) The Grantee agrees to provide local matching contribution to the Program as defined in the “Grantee Share” column of the budget shown in Attachment B. The Grantee shall meet the budgeted match percent of the Grantee share for each reporting period, unless the Commission NMCCV otherwise agrees in writing. b) The Grantee shall comply with requirements related to allowable kinds and sources of matching funds and matching fund documentation requirements pursuant to “OMB Cost Principles”, 2 CFR 200(E). Grantees utilizing matching funds from other Federal sources must have consent from the other Federal source allowing the use of the funds as match under this Grant. Grantees shall report the amount and sources of federal funds, other than those provided by CNCS, used to carry out its Program. This includes other federal funds expended by Program Subrecipients and operating sites. This information shall be reported by the Grantee on the Federal Financial Report (FFR). c) If a Program fails to meet the matching requirements, the Commission NMCCV will notify the Grantee in writing of the situation and request that the costs be brought into alignment with the budgeted federal and match percentages within one reporting period. If there is an on- going issue related to match, the Commission NMCCV may notify the Financial Representative, Program Representative and/or the Authorized Representative of the Grantee agency. The Commission NMCCV may suspend payment of reimbursement request(s) until the situation is corrected.

Matching Requirements. a) The Grantee agrees to provide local matching contribution to the Program as defined in the “Grantee Share” column of the budget shown in Attachment B. B, “Budget”. The Grantee shall is expected to meet the budgeted match percent of the Grantee share for each reporting period, unless otherwise agreed upon by the Commission otherwise agrees in writingCommission. b) The Grantee shall comply with OMB Cost Principles 2 CFR Part 200, Subpart E requirements related to allowable kinds and sources of matching funds match and matching fund match documentation requirements pursuant to “OMB Cost Principles”, 2 CFR 200(E)requirements. Grantees utilizing matching match funds from other Federal sources must have consent from the other Federal source allowing the use of the funds as match under this Grant. Grantees shall report the amount and sources of federal funds, other than those provided by CNCS, used to carry out its Program. This includes other federal funds expended by Program Subrecipients and operating sites. This information shall be reported by the Grantee on the Federal Financial Report (FFR). c) If a Program fails to meet the matching requirements, the Commission will notify the Grantee in writing of the situation and request that the costs be brought into alignment with the budgeted federal and match percentages within one reporting period. If there is an on- going issue related to match, the Commission may notify the Financial Representative, Program Representative and/or the Authorized Representative of the Grantee agency. The Commission may suspend payment of reimbursement request(s) until the situation is corrected.