Voluntary committed cost share is a type of match provided by the NFE on a grant or cooperative agreement.
All grants and cooperative agreements |
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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 or audits.
The Federal awarding agency must, if including voluntary committed cost share as a favorable review criterion during the application selection, announce this explicitly in the notice of funding opportunity. Per 2 CFR 200.306(a), voluntary committed cost sharing on Federal research proposals is not expected and is not to be used a as merit review factor.
Project cost means total allowable costs incurred under a Federal award and all required cost sharing and voluntary committed cost sharing, including third-party contributions.
Voluntary committed cost sharing means cost sharing specifically pledged on a voluntary basis in the proposal's budget or the Federal award on the part of the non-Federal entity and that becomes a binding requirement of Federal award.
(a) Under Federal research proposals, voluntary committed cost sharing is not expected. It cannot be used as a factor during the merit review of applications or proposals, but may be considered if it is both in accordance with Federal awarding agency regulations and specified in a notice of funding opportunity. Criteria for considering voluntary committed cost sharing and any other program policy factors that may be used to determine who may receive a Federal award must be explicitly described in the notice of funding opportunity. See also §§200.414 Indirect (F&A) costs, 200.203 Notices of funding opportunities, and Appendix I to Part 200—Full Text of Notice of Funding Opportunity.
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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.
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