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U.S. GRANT ADMINISTRATION STANDARDS - JANUARY 2006 <br />North American Wetlands Conservation Act and Neotropical Migratory Bird Conservation Act <br />costs and how they are calculated. Total or "gross" program income can be reported <br />without additional calculations. <br />D -15 How may the Recipient use program income? <br />Federal regulations identify three ways to use program income: deduction, addition, and <br />cost sharing or matching (43 CFR 12.65(g), 12.924(b)). <br />(a) Unless otherwise specified, the Recipient must use the deductive method (subtracting <br />the program income from the amount awarded). <br />(b) If the Recipient desires, the Service will authorize the Recipient to use the additive <br />method (adding the program income to the funds committed to the Grant Agreement). <br />The program income must be used for the purposes and under the conditions of the Grant <br />Agreement. <br />(c) Program income will not be authorized for cost sharing or matching purposes. <br />D -16 How is income generated outside the funding period handled? <br />Income generated by the Recipient outside of the funding period shall be retained by the <br />Recipient. FWS encourages Recipients to use generated funds to support wetland <br />conservation purposes consistent with the NAWCA program or to support neotropical <br />migratory bird conservation consistent with the NMBCA program. <br />D -17 What can the Recipient or subrecipient acquire using grant funds? <br />Grant funds may be used to acquire those things that are necessary for the purpose <br />described in the Grant Agreement and that are reasonable, allowable, and allocable as <br />explained in the Cost Principles and NAWCA or NMBCA application instructions. <br />D -18 Are indirect costs, facilities costs, and direct overhead and administrative costs <br />allowable? <br />These costs are allowable for both grant funds and matching funds. These costs must be <br />calculated by an acceptable method including negotiated indirect cost rate, directly <br />charged administrative costs, or direct allocation method. <br />D -19 How will the Recipient receive Federal funds? <br />The Recipient's financial institution must be able to receive Federal funds through the <br />electronic funds transfer process and request advance payment and reimbursement <br />through SMARTLINK, an electronic funds transfer system that is administered by the <br />U.S. Department of Health and Human Services Division of Payment Management. <br />D -20 What funds must be spent before the Recipient may draw down grant funds? <br />The following forms of funds must be spent before drawing down grant funds: program <br />income, rebates, refunds, contract settlements, audit recoveries and interest earned on <br />such funds. <br />10 <br />