Page History
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All WSFR-administered financial assistance awards |
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2 CFR 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards
§200.29 Cost sharing or matching.
Cost sharing or matching means the portion of project costs not paid by Federal funds (unless otherwise authorized by Federal statute). See also §200.306 Cost sharing or matching.
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Frequently Asked Questions
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Where does TVA receive its funding from?
Presently, TVA receives the vast majority of its funding from rate-payer fees. Congress no longer annually appropriates funding for TVA.
Can TVA funding be used to meet the mandatory non-Federal cost sharing (match) requirements of WSFR-administered financial assistance programs?
TVA funds may not be used as non-Federal match on WSFR-administered financial assistance programs. See WSFR Policy Branch Statement - July 6, 2016.
Why are TVA funds considered Federal funds when TVA receives no taxpayer funding from Congress?
Despite the fact that TVA's funds are derived from private sources of payment (rate-payer fees) and interest, TVA's existence is authorized by Congress and therefore TVA funds are considered Federal funds in nature, and are derived from a Federal instrumentality. Congress authorized TVA to collect fees and has specified the purposes of these funds. This authorization is essentially a "continuing appropriation".
Learning Aids
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Related Pages
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Bonneville Power Administration (BPA) Funds as Cost SharingShare
Resources
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WSFR Policy Branch Statement - July 6, 2016
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NAWCA Policy 2004 (see page 12 for TVA funding)
References
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