Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter XXXIV - National Institute of Food and Agriculture |
Part 3430 - Competitive and Noncompetitive Non-Formula Federal Assistance Programs - General Award Administrative Provisions |
Subpart J - Beginning Farmer and Rancher Development Program |
§ 3430.606 - Matching requirements.
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§ 3430.606 Matching requirements.
(a) Requirement. Awardees are required to provide a match in the form of cash or in-kind contributions in an amount at least equal to 25 percent of the Federal funds provided by the award. The matching funds must be from non-Federal sources except when authorized by statute. The matching requirements under this subpart cannot be waived.
(b) Indirect costs. Use of indirect costs as in-kind matching contributions is subject to § 3430.52.