Common use of MATCH CONTRIBUTION Clause in Contracts

MATCH CONTRIBUTION. For every dollar of Continuum funds requested from the Agency, the Contractor must provide forty cents ($.40) in match contribution. Match may take the form of cash or the valuation of non-cash contributions (in-kind). In-kind may be in the form of services, materials, or equipment given without charge to the Contractor. Match must be used to support the Agency funded projects. Match must be determined on standard objective sources and must be verifiable. Match contributions may only be claimed in the same month as utilized (i.e., cannot consider a year’s lease in one lump sum; it must be credited monthly). When reporting match contributions, a separate, additional Expenditure Report from must be completed and marked accordingly in the upper right corner (see Appendix C). Contractors may elect to report match contributions within the same contract line items as approved, or elect to itemize the match contributions by type. One lump sum total titled match will no longer be accepted. The Match Expenditure Report form and supporting documentation shall be the last section of the invoice package. Acceptable forms of match and documentation are: