[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1486]

[Page 750]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1486_EMERGING MARKETS PROGRAM--Table of Contents
 
               Subpart D_Contributions and Reimbursements
 
Sec.  1486.400  What are the rules on cost sharing?


    (a) The EMP is intended to complement, not supplant, the efforts of 
the U.S. private sector. Therefore, no private sector proposal will be 
considered without the element of cost-share from the participant and/or 
U.S. partners.
    (b) There is no minimum or maximum amount of cost share. The degree 
of commitment to a proposed project represented by the amount and type 
of private funding are both used in determining which proposals will be 
approved. The type of cost share is also not specified, though some 
contributions are ineligible (Sec.  1486.402 below). Cost-share may be 
actual cash invested or professional time of staff assigned to the 
project. Proposals in which the private sector is willing to commit 
funds, rather than in-kind items such as staff resources, and those with 
higher amounts of cost-share, will be given priority consideration.
    (c) Cost-sharing is not required for proposals from federal, state, 
or local government agencies. It is mandatory from all other eligible 
entities, even when they are party to a joint proposal with a government 
agency.
    (d) Contributions from federal, state, or local government agencies 
or programs may not be counted toward the cost share requirement. 
Similarly, contributions from foreign (non-U.S.) organizations may not 
be counted toward the cost share requirement, but may be included in the 
total cost of the project.
    (e) An activity that is initiated by FAS, and undertaken by an 
entity at the request of FAS, may be exempted from the contribution 
requirement. This determination is made at the discretion of FAS.