[Code of Federal Regulations]
[Title 15, Volume 3]
[Revised as of January 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 15CFR921.81]

[Page 109-110]
 
                  TITLE 15--COMMERCE AND FOREIGN TRADE
 
CHAPTER IX--NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT 
                               OF COMMERCE
 
PART 921_NATIONAL ESTUARINE RESEARCH RESERVE SYSTEM REGULATIONS--Table of Contents
 
            Subpart I_General Financial Assistance Provisions
 
Sec. 921.81  Allowable costs.

    (a) Allowable costs will be determined in accordance with applicable 
OMB Circulars and guidance for Federal financial assistance, the 
financial assistant agreement, these regulations, and other Department 
of Commerce and NOAA directives. The term ``costs'' applies to both the 
Federal and non-Federal shares.
    (b) Costs claimed as charges to the award must be reasonable, 
beneficial and necessary for the proper and efficient administration of 
the financial assistance award and must be incurred during the award 
period.
    (c) Costs must not be allocable to or included as a cost of any 
other Federally-financed program in either the current or a prior award 
period.

[[Page 110]]

    (d) General guidelines for the non-Federal share are contained in 
Department of Commerce Regulations at 15 CFR part 24 and OMB Circular A-
110. Copies of Circular A-110 can be obtained from the Sanctuaries and 
Reserves Division; 1825 Connecticut Avenue, NW., suite 714; Washington, 
DC 20235. The following may be used in satisfying the matching 
requirement:
    (1) Site selection and post site selection awards. Cash and in-kind 
contributions (value of goods and services directly benefiting and 
specifically identifiable to this part of the project) are allowable. 
Land may not be used as match.
    (2) Acquisition and development awards. Cash and in-kind 
contributions are allowable. In general, the fair market value of lands 
to be included within the Reserve boundaries and acquired pursuant to 
the Act, with other than Federal funds, may be used as match. However, 
the fair market value of real property allowable as match is limited to 
the fair market value of a real property interest equivalent to, or 
required to attain, the level of control over such land(s) identified by 
the state and approved by the Federal Government as that necessary for 
the protection and management of the National Estuarine Research 
Reserve. Appraisals must be performed according to Federal appraisal 
standards as detailed in Department of Commerce regulations at 15 CFR 
part 24 and the Uniform Relocation Assistance and Real Property 
Acquisition for Federal land Federally assisted programs in 15 CFR part 
11. The fair market value of privately donated land, at the time of 
donation, as established by an independent appraiser and certified by a 
responsible official of the state, pursuant to 15 CFR part 11, may also 
be used as match. Land, including submerged lands already in the state's 
possession, may be used as match to establish a National Estuarine 
Research Reserve. The value of match for these state lands will be 
calculated by determining the value of the benefits foregone by the 
state, in the use of the land, as a result of new restrictions that may 
be imposed by Reserve designation. The appraisal of the benefits 
foregone must be made by an independent appraiser in accordance with 
Federal appraisal standards pursuant to 15 CFR part 24 and 15 CFR part 
11. A state may initially use as match land valued at greater than the 
Federal share of the acquisition and development award. The value in 
excess of the amount required as match for the initial award may be used 
to match subsequent supplemental acquisition and development awards for 
the National Estuarine Research Reserve (see also Sec. 921.20). Costs 
related to land acquisition, such as appraisals, legal fees and surveys, 
may also be used as match.
    (3) Operation and management awards. Generally, cash and in-kind 
contributions (directly benefiting and specifically identifiable to 
operations and management), except land, are allowable.
    (4) Research, monitoring, education and interpretive awards. Cash 
and in-kind contributions (directly benefiting and specifically 
identifiable to the scope of work), except land, are allowable.