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(a) Subject to (b) of this section, a grantee may contribute any of the following to satisfy the contribution requirements of a grant:
(1) cash, other than cash received as a grant from the authority;
(2) real or personal property, including the use of real or personal property;
(3) personal services.
(b) To qualify as a contribution under (a) of this section, a contribution must be
(1) used for a purpose that is an allowable cost under 20 AAC 40.320;
(2) verifiable from the grantee's records of the grant project; and
(3) in the determination of the authority, necessary and reasonable for proper and efficient accomplishment of the objectives of the grant project.
History: Eff. 10/24/2004, Register 172
Authority: AS 37.14.045
Note to HTML Version:
The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.
If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.
Last modified 7/05/2006