Current through Register 1533, October 25, 2024
Section 26.08 - Fiscal Considerations(1) Projects that receive Program grant funds are eligible for reimbursement of up to 75% of the total project cost as identified in the grant funds agreement.(2) The Applicant shall be responsible for funding 25% of the project costs. The Applicant may fund its required matching share through a variety of methods, including, but not limited to: (a) in-kind contributions, including the cost of engineering designs and other directly related project costs incurred within grant project period;(b) cash contributions; or(3) Criteria for matching share requirements and documentation shall be identified in the grant funds application.(4) Reimbursement will be made only after the Applicant has demonstrated the following:(a) The amount of money equal to that set forth in the billing submitted to the Office for reimbursement has been expended; and(b) Documentation on all billing invoices has been received by the Office.Amended by Mass Register Issue 1331, eff. 1/27/2017.