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[FmHA Questions Concerning Cost Sharing Requirements]

B-214278: Jan 25, 1985

The Administrator of the Farmers Home Administration (FmHA) asked whether a cost sharing or matching fund requirement exists under the FmHA Water and Waste Disposal (WWD) Development Grant Program. The WWD authorizing legislation limits a grant to a specific percentage of project development costs while mentioning nothing about where the remaining funds will originate. The Administrator also asked...

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B-214278, JAN 25, 1985

B-214278: Jan 25, 1985

A LOCAL SHARE OF PROGRAM COSTS IS REQUIRED UNDER THE FMHA WATER AND WASTE DISPOSAL DEVELOPMENT GRANT PROGRAM. WHERE A STATUTORY PROVISION SPECIFIES THAT THE FEDERAL CONTRIBUTION TO A LOCAL PROJECT WILL NOT EXCEED A PARTICULAR PERCENTAGE OF PROJECT COSTS. TWO OR MORE AGENCIES MAY CONTRIBUTE TO THE SAME PROJECT (IF EACH IS AUTHORIZED TO DO SO) PROVIDED THAT THE TOTAL FEDERAL GRANT PAYMENT DOES NOT E...

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