Common use of Federal Contribution Clause in Contracts

Federal Contribution. The Federal contribution for the acquisition of each conservation easement acquired by the [ENTITY] shall be up to but not more than 50% of the appraised fair market value of the conservation easement. The United States’ contribution cannot be used for closing and related administrative costs incurred by the [ENTITY] in acquiring the conservation easement. The Federal contribution for parcels must be based on an appraisal of the conservation easement performed by a certified general appraiser in accordance with either the Uniform Standards of Professional Appraisal Practices (USPAP) or the Uniform Appraisal Standards for Federal Land Acquisitions (UASFLA) (Interagency Land Acquisition Conference, 2000) and policies and procedures in the NRCS Conservation Programs Manual, Part 519.