US Dept of Homeland Security 6/1/2021

11 justified as part of the project within the investment justification. For example, if the federal award for a private sector recipient requires a 50 percent cost share and the total project cost is $100,000,then: • Federal share is 50 percent of$100,000= $50,000 • Recipient cost share is 50 percent of$100,000 = $50,000 Ultimately,the recipient is responsible for ensuring that it contributes the proper cost share to its actual project costs. If actual total project costs exceed the projected total project costs stated in the Federal Award, the recipient will not receive any additional federal funding and will be responsible for contributing additional funds above the required cost match. If actual total project costs are less than the projected total project costs stated in the federal award,the recipient will be responsible for contributing a cost match calculated as a percentage of those actual project costs. Cash and third-party in-kind matches must consist of eligible costs (i.e., same allowability as the federal share) and must be identified as part of the submitted detailed budget worksheet. A cash-match includes cash spent for project-related costs, while a third-party in-kind match includes the valuation of in-kind services. The cost match requirement for the PSGP award may not be met by funds from another federal grant or assistance program, or by funds used to meet matching requirements for another federal grant program, unless otherwise permitted by federal statute. Likewise,third-party in-kind matches used to meet the matching requirement for the PSGP award may not be used to meet matching requirements for any other federal grant program. Additionally, normal routine operational costs cannot be used as a cost match unless a completely new capability is being awarded and must be justified as "reasonable and necessary"to complete the project. Please see 2 C.F.R. § 200.306, as applicable, for further guidance regarding cost matching. Exceptions to the Cost Match Requirements The following exceptions to the cost match requirement may apply: • The cost match requirements for projects that have a port-wide benefit need only to be funded at the public-sector matching fund level of 25 percent(with a federal share not to exceed 75 percent per 46 U.S.C. § 70107(c)(1)). These projects must be certified by the COTP as having a port-wide benefit. Examples of projects with a port-wide benefit include, but are not limited to: o Port-wide planning,training, and exercises; o Security camera systems with shared access; o Response vessels; and, o Other maritime domain awareness systems. • There is no matching requirement for grant awards where the total project cost for all projects under the award is $25,000 or less in accordance with 46 U.S.C. § 70107(c)(2)(A). If multiple small projects are submitted totaling more than$25,000 under this exemption, a cost match is required to be demonstrated at the time of application. FY 2021 PSGP NOFO Back to the Top