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Overview
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Voluntary committed cost share is pledged by an applicant in anticipation of a Federal financial assistance award that, if approved, becomes a part of the total project cost of the award. Voluntary committed cost share must be included in the proposed budget and adhere to allowable cost principles, and if approved by the granting Federal agency, must be reported on required NFE financial reports and and is subject to reviews and/or audits.
The Federal awarding agency must, if including must explicitly announce in the notice of funding opportunity if voluntary committed cost share is included in the merit review process as a favorable review criterion during application selection, explicitly announce this in the notice of funding opportunity. Per the Uniform Guidance (200.306(a)), voluntary . Voluntary committed cost share is not expected on Federal research proposals and is not to be used a as factor during application review.
Authorities
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2 2 CFR 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards
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Yes. The FWS permits recipients to use waived indirect costs as cost share on Federal awards. In order to do this, recipients must: 1. have an approved indirect cost rate; 2. have an FWS-approved budget (as part of the approved application) that reflects the voluntarily committed waived indirect costs; 3. report these costs on the FFR, as required in the NOA.
Learning Aids
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Related Pages
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OPTIONAL -Cross link to wiki pages related to the topic.
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Resources
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OPTIONAL - Links to external resources. Do not link to an internal FA Wiki page in this section. Internal links are to be placed in the "related pages" section.
References (Heading 2/Rust) or Authorities (Heading 2/Rust)
Section for footnoted citations and/or authorities.
STYLE DO's and DON'Ts
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References
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