The non-Federal match, or cost share, can consist of in-kind services and cash. What does “in-kind cost share” mean?
An in-kind cost share is a non-cash contribution, donated or loaned, by a third party to the applicant which the applicant is using as part of their non-Federal match. In general, the value of in-kind services or property used to fulfill a non-Federal match will be the fair market value of the services or property. Thus, the value is determined by the cost of obtaining such services or property if they had not been donated, or of obtaining such services or property for the period of the loan. The applicant must document the in-kind services or property used to fulfill the non-Federal match and give a dollar amount for all in-kind contributions. If we decide to fund a proposal, we will require strict accounting of the in-kind contributions within the total non-Federal match included in the award document. The Grants Officer (i.e., the Department of Commerce official responsible for all business management and administrative aspects of a grant and with delegated authority to award, amend
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- The non-Federal match, or cost share, can consist of in-kind services and cash. What does "in-kind cost share" mean?
