Length and Time Phasing of Assistance
There is no restriction placed on the time period over which the payment of the total share of the United States is made except the time period should be reasonable. This time period is determined by the Commandant. After approving the general plans and specifications for the alteration of such bridge, the guarantee of the owner not to exceed the total project cost, the fixing of proportionate shares of the United States and the owner, out of the funds appropriated by Congress, reimbursement or payment to the bridge owner begins on such construction costs as the work progresses and upon receipt of the certification of completion.
Formula and Matching Requirements
The general statutory procedures which serve as the basis of determining the proportionate shares of the total cost of the project to be borne by the United States and by the bridge owner is described in the Act of June 21, 1940, as amended (Truman-Hobbs Act) (54 Stat. 497, 33 U.S.C. 516). The general procedure and statutory requirements are also listed in 33 CFR 116.30. In the event the alteration or relocation of any bridge may be desirable for reasons that the bridge unreasonably obstructs navigation, but also for some other reasons, equitable contribution from any interested person, firm, association, corporation, municipality, county, or State desiring such alteration or relocation as a condition precedent to making an order for alteration or relocation. The United States bears the balance of the cost including that part attributable to the necessities of navigation.
A formula may be based on population, per capita income, and other statistical factors. Applicants are informed whether there are any matching requirements to be met when participating in the cost of a project. In general, the matching share represents that portion of the project costs not borne by the Federal government. Attachment F of OMB Circular No. A-102 (Office of Management and Budget) sets forth the criteria and procedures for the evaluation of matching share requirements which may be cash or in-kind contributions made by State and local governments or other agencies, institutions, private organizations, or individuals to satisfy matching requirements of Federal grants or loans.
Cash contributions represent the grantees' cash outlay, including the outlay of money contributed to the grantee by other public agencies, institutions, private organizations, or individuals. When authorized by Federal regulation, Federal funds received from other grants may be considered as the grantees' cash contribution.
In-kind contributions represent the value of noncash contributions provided by the grantee, other public agencies and institutions, private organizations or individuals. In-kind contributions may consist of charges for real property and equipment, and value of goods and services directly benefiting and specifically identifiable to the grant program. When authorized by Federal legislation, property purchased with Federal funds may be considered as grantees' in-kind contribution.
Maintenance of effort (MOE) is a requirement contained in certain legislation, regulations, or administrative policies stating that a grantee must maintain a specified level of financial effort in a specific area in order to receive Federal grant funds, and that the Federal grant funds may be used only to supplement, not supplant, the level of grantee funds.