Common use of MATCH CONTRIBUTION Clause in Contracts

MATCH CONTRIBUTION. ‌ 5.12.1 Each Fiscal Year, Subrecipient shall provide a required match contribution to offset the total cost of providing Program Services. Subrecipient's match contribution shall be reflected in Exhibit W (Budget). The match contribution is the non-Federal share of funding provided by Subrecipient to support the Subaward activities and it may take the form of a cash match contribution, an in-kind match contribution and/or both. This match is calculated as a percentage of the Maximum Annual Subaward Sum reflected in Paragraph 5.0 (Subaward Sum).

Appears in 2 contracts

Sources: Subaward Agreement, Subaward Agreement

MATCH CONTRIBUTION. ‌ 5.12.1 Each Fiscal Year, Subrecipient shall provide a required match contribution to offset the total cost of providing Program ServicesServices for the Fiscal Year. Subrecipient's match contribution shall be reflected in Exhibit W (Budget). The match contribution is the non-Federal share of funding provided by Subrecipient to support the Subaward activities and it may take the form of a cash match contribution, an in-kind match contribution and/or both. This match is calculated as a percentage of the Maximum Annual Subaward Sum reflected in Paragraph 5.0 (Subaward Sum). 5.12.2 The match contribution requirements for this Subaward is twenty-five percent (25%) of the Maximum Annual Subaward Sum.

Appears in 1 contract

Sources: Subaward Agreement