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Code of Federal Regulations (Last Updated: November 8, 2024) |
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Title 2 - Grants and Agreements |
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Subtitle B - Federal Agency Regulations for Grants and Agreements |
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Chapter XI - Department of Defense |
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SubChapter D - Administrative Requirements Terms and Conditions for Cost-Type Grants and Cooperative Agreements to Nonprofit and Governmental Entities |
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Part 1128 - Recipient Financial and Program Management: General Award Terms and Conditions |
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Subpart F - Cost Sharing or Matching (FMS Article VI) |
§ 1128.625 - Allowability of program income as cost sharing or matching.
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§ 1128.625 Allowability of program income as cost sharing or matching.
(a) OMB guidance. OMB guidance in 2 CFR 200.307(e)(3) specifies that, with the prior approval of the Federal awarding agency, recipients may use program income to meet cost sharing or matching requirements of their awards.
(b) Award terms and conditions -
(1) General. A DoD Component's general terms and conditions must include the wording appendix F to this part provides as Section D of FMS Article VI if, in FMS Article VII of those terms and conditions, the DoD Component specifies that recipients dispose of program income using either:
(i) The cost sharing or matching alternative described in paragraph (b)(1)(iii) of § 1128.720; or
(ii) A combination alternative, as described in paragraph (b)(1)(iv) of § 1128.720, that includes use of at least some program income as cost sharing or matching.
(2) Exception. A DoD Component may reserve Section D of FMS Article VI if FMS Article VII of those terms and conditions does not provide that recipients will use any program income as cost sharing or matching.