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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 (see §200.83 Project cost). 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 financial reports and is subject to reviews and/or audits.   For 

, the Federal awarding agency must explicitly announce in the notice of funding opportunity if voluntary committed cost share is included in the merit review process as a favorable criterion. Voluntary committed cost share is not expected on Federal research proposals and is not to be used as a factor during application review. 

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