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U.S. GRANT ADMINISTRATION STANDARDS — JANUARY 2006 <br />North American Wetlands Conservation Act and Neotropical Migratory Bird Conservation Act <br />Grant funds are Federal financial assistance provided through NAWCA or NMBCA to an eligible <br />Recipient for the purpose of providing support or stimulation to accomplish a public purpose. Other <br />Federal funds are not considered grant funds for the purposes of these Standards. <br />Grant Officer means the FWS official who issues a Grant Agreement. The Grant Officer will review the <br />progress of the grant- funded project, approve or disapprove all requests for prior approval or concurrence, <br />recommend reductions in the grant amount where appropriate, and perform the final review of the project <br />prior to close -out. May also be called Program Officer. <br />Incurred costs means those costs for which an obligation to pay commences on: (a) the earlier of placing <br />an order, signing a contract, or performing or receiving a service; or (b) in the case of real property, taking <br />title to real property. <br />Indirect costs means those that have been incurred for common or joint objectives and cannot readily be <br />identified with a particular final cost objective without effort disproportionate to the results achieved. <br />Indirect costs include all costs determined, allocated, or distributed in accordance with the methods <br />authorized for indirect costs in the Federal Cost Principles. <br />Ineligible cost means a cost that cannot be reimbursed with Federal grant and/or matching funds or <br />accepted as a matching in -kind contribution as a result of policy established by the North American <br />Wetlands Conservation Council <br />Interest in real property means a legal share of ownership, whether entire or partial, fee simple, easement, <br />or other, in land including land improvements, structures, and appurtenances such as trees, grass, and other <br />plants growing on the land except crops. <br />Market value is the most probable price for a property to be sold in an open and competitive market, as <br />established by professional appraisal or other accepted valuation; also referred to as fair market value. <br />Matching cash contribution means any cash that is donated for use as non - Federal match to a project by <br />the Recipient or by other partners under the terms of the Grant Agreement. No cash with a direct or <br />indirect Federal origin, or that was received or used as match under other Federal assistance agreements, <br />qualifies as a matching cash contribution unless authorized by Federal legislation. A matching contribution <br />described as cash, but expended for property or services for which the cost was incurred before FWS <br />receives the proposal, is considered a matching in -kind contribution. <br />Matching in -kind contribution means any property or service that is donated by a non - Federal entity under <br />the terms of a Grant Agreement. The match provider gives the property or service without charge or for a <br />nominal payment or something of nominal or no market value. No property or service, or part thereof, <br />funded by the Federal government or received or used as match under other Federal assistance agreements, <br />qualifies as a matching in -kind contribution unless authorized by Federal law. Matching in -kind <br />contributions are only eligible in NAWCA grants, not NMBCA. <br />NAWCA means the North American Wetlands Conservation Act (16 U.S.C. 4401 et seq., and amendments <br />thereto). <br />NMBCA means the Neotropical Migratory Bird Conservation Act (16 U.S.C. 6101 et seq., and <br />amendments thereto). <br />Notice of Grant Requirements means a written instrument recorded in the county recorder's office, the <br />registrar of deeds office, the commissioner of deeds office, the county registrar's office, or the bureau of <br />conveyances, in reference to any real property right that is part of a NAWCA- funded project. The Notice <br />of Grant Requirements states the purpose of project and serves as notice that any sale or encumbrance of <br />the referenced property rights must be approved by the FWS. <br />all <br />