[Code of Federal Regulations]

[Title 15, Volume 3]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 15CFR921.81]



[Page 108-109]

 

                  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.

    (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.



[[Page 109]]



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.