20 Alaska Admin. Code § 40.355

Current through December 21, 2024

Section 20 AAC 40.355 - Permissible contributions

(a) Subject to (b) of this section, a grantee may contribute any of the following to satisfy the contribution requirements of a grant:

(1) cash, other than cash received as a grant from the authority;

(2) real or personal property, including the use of real or personal property;

(3) personal services.

(b) To qualify as a contribution under (a) of this section, a contribution must be

(1) used for a purpose that is an allowable cost under 20 AAC 40.320;

(2) verifiable from the grantee's records of the grant project; and

(3) in the determination of the authority, necessary and reasonable for proper and efficient accomplishment of the objectives of the grant project.

20 AAC 40.355

Eff. 10/24/2004, Register 172

Authority:AS 37.14.045

AS 47.30.031

AS 47.30.051

AS 47.30.056