Common use of Sharing Percentage Clause in Contracts

Sharing Percentage. In calculating the Recipient’s cost share ratio, both cash and in-kind cost share contributions for the NSRP ASE Program will be acceptable in accordance with the information contained in Cost Share Detail, Attachment 5. To the maximum extent practicable, industry-provided matching funds must come from non-federal sources (Type B Matching funds as defined in Cost Share Detail, Attachment 5). It is recognized that Recipient may be engaged in exclusive Government work, thereby reducing the sources of non-Federally reimbursed (Type B) funds. The Recipient may therefore elect to include Federally reimbursed sources of funds (Type A Matching funds as defined in Cost Share Detail, Attachment 5) to achieve the Recipient’s cost share percentage as long as these costs are identified separately in the Quarterly Business Status Report. Where and to the extent the Recipient cites Type A funds toward meeting the “sharing” or “matching” goals specified below, this does not and need not constitute “cost sharing” as defined under DoDGARS 37.530. The goal for Type B funds is to exceed 15% of the total project cost. Advanced Technology International will determine the applicability and acceptability of proposed and reported cost share in accordance with NAVSEA instructions detailed in Cost Share Detail, Attachment 5. A quarterly review of project cost and cost share performance will evaluate adjustments required in the project to ensure that the project objective is achieved. When appropriate and deemed necessary, the cost share information contained in this Agreement and/or its attachments may be revised by issuance of a bilateral amendment to the Agreement. Quarterly and annual reports described in Attachment (2) will closely monitor the cumulative share percentage and form the basis for evaluating this objective. In calculating the project cost share, both cash and in-kind cost share contributions shall be used in the project as defined in Cost Share Detail, Attachment 5. For the purposes of this Agreement, the Recipient cost share equals ____% of the cost of the _____________________ project. The specific cost share agreed to (including the agreed upon valuation) is detailed in Attachment 5. Recipient must meet or exceed the cost share ratio. If a Recipient is unable to meet its required cost share contribution, Advanced Technology International may withhold payment of invoices proportionate to the shortfall in cost share.

Appears in 2 contracts

Samples: Technology Investment Agreement, Technology Investment Agreement

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Sharing Percentage. In calculating the Recipient’s cost share ratioshare, both cash and in-kind cost share contributions for the NSRP ASE Program will be acceptable in accordance with the information contained in Cost Share Detail, Attachment 5. To the maximum extent practicable, industry-provided matching funds must come from non-federal sources (Type B Matching funds as defined in Cost Share Detail, Attachment 5). It is recognized that Recipient may be engaged in exclusive Government work, thereby reducing the sources of non-Federally reimbursed (Type B) funds. The Recipient may therefore elect to include Federally reimbursed sources of funds (Type A Matching funds as defined in Cost Share Detail, Attachment 5) to achieve the Recipient’s cost share percentage obligation as long as these costs are identified separately in the Quarterly Business Status Report. Where and to the extent the Recipient cites Type A funds toward meeting the “sharing” or “matching” goals specified below, this does not and need not constitute “cost sharing” as defined under DoDGARS 37.530. The goal for Type B funds is to exceed 15% of the total project cost. Advanced Technology International will determine the applicability and acceptability of proposed and reported cost share in accordance with NAVSEA instructions detailed in Cost Share Detail, Attachment 5. A quarterly review of project cost and cost share performance will evaluate adjustments required in the project to ensure that the project objective is achieved. When appropriate and deemed necessary, the cost share information contained in this Agreement and/or its attachments may be revised by issuance of a bilateral amendment to the Agreement. Quarterly and annual reports described in Attachment (2) will closely monitor the cumulative share percentage and form the basis for evaluating this objective. In calculating the project cost share, both cash and in-kind cost share contributions shall be used in the project as defined in Cost Share Detail, Attachment 5. For the purposes of this Agreement, the Recipient cost share equals ____% of the cost of the $_____________________ project. The specific cost share agreed to (including the agreed upon valuation) is detailed in Attachment 5. Recipient must meet or exceed the this cost share ratioamount in accordance with the agreed upon Schedule of Payments and Payable Milestones (Attachment 3). If a Recipient is unable to meet its required cost share contributioncontribution as delineated in Attachment 3, Advanced Technology International may withhold payment of invoices proportionate to the shortfall in cost share.

Appears in 2 contracts

Samples: Technology Investment Agreement, Technology Investment Agreement

Sharing Percentage. In calculating the Recipient’s cost share ratioshare, both cash and in-kind cost share contributions for the NSRP ASE Program will be acceptable in accordance with the information contained in Cost Share Detail, Attachment 5. To the maximum extent practicable, industry-provided matching funds must come from non-federal sources (Type B Matching funds as defined in Cost Share Detail, Attachment 5). It is recognized that Recipient may be engaged in exclusive Government work, thereby reducing the sources of non-Federally reimbursed (Type B) funds. The Recipient may therefore elect to include Federally reimbursed sources of funds (Type A Matching funds as defined in Cost Share Detail, Attachment 5) to achieve the Recipient’s cost share percentage obligation as long as these costs are identified separately in the Quarterly Business Status Report. Where and to the extent the Recipient cites Type A funds toward meeting the “sharing” or “matching” goals specified below, this does not and need not constitute “cost sharing” as defined under DoDGARS 37.530. The goal for Type B funds is to exceed 15% of the total project cost. Advanced Technology International SCRA Applied R&D will determine the applicability and acceptability of proposed and reported cost share in accordance with NAVSEA instructions detailed in Cost Share Detail, Attachment 5. A quarterly review of project cost and cost share performance will evaluate adjustments required in the project to ensure that the project objective is achieved. When appropriate and deemed necessary, the cost share information contained in this Agreement and/or its attachments may be revised by issuance of a bilateral amendment to the Agreement. Quarterly and annual reports described in Attachment (2) will closely monitor the cumulative share percentage and form the basis for evaluating this objective. In calculating the project cost share, both cash and in-kind cost share contributions shall be used in the project as defined in Cost Share Detail, Attachment 5. For the purposes of this Agreement, the Recipient cost share equals ____% of the cost of the $_____________________ project. The specific cost share agreed to (including the agreed upon valuation) is detailed in Attachment 5. Recipient must meet or exceed the this cost share ratioamount in accordance with the agreed upon Schedule of Payments and Payable Milestones (Attachment 3). If a Recipient is unable to meet its required cost share contributioncontribution as delineated in Attachment 3, Advanced Technology International SCRA Applied R&D may withhold payment of invoices proportionate to the shortfall in cost share.

Appears in 1 contract

Samples: Technology Investment Agreement

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Sharing Percentage. In calculating the Recipient’s cost share ratio, both cash and in-kind cost share contributions for the NSRP ASE Program will be acceptable in accordance with the information contained in Cost Share Detail, Attachment 5. To the maximum extent practicable, industry-provided matching funds must come from non-federal sources (Type B Matching funds as defined in Cost Share Detail, Attachment 5). It is recognized that Recipient may be engaged in exclusive Government work, thereby reducing the sources of non-Federally reimbursed (Type B) funds. The Recipient may therefore elect to include Federally reimbursed sources of funds (Type A Matching funds as defined in Cost Share Detail, Attachment 5) to achieve the Recipient’s cost share percentage as long as these costs are identified separately in the Quarterly Business Status Report. Where and to the extent the Recipient cites Type A funds toward meeting the “sharing” or “matching” goals specified below, this does not and need not constitute “cost sharing” as defined under DoDGARS 37.530. The goal for Type B funds is to exceed 15% of the total project cost. Advanced Technology International SCRA Applied R&D will determine the applicability and acceptability of proposed and reported cost share in accordance with NAVSEA instructions detailed in Cost Share Detail, Attachment 5. A quarterly review of project cost and cost share performance will evaluate adjustments required in the project to ensure that the project objective is achieved. When appropriate and deemed necessary, the cost share information contained in this Agreement and/or its attachments may be revised by issuance of a bilateral amendment to the Agreement. Quarterly and annual reports described in Attachment (2) will closely monitor the cumulative share percentage and form the basis for evaluating this objective. In calculating the project cost share, both cash and in-kind cost share contributions shall be used in the project as defined in Cost Share Detail, Attachment 5. For the purposes of this Agreement, the Recipient cost share equals ____% of the cost of the _____________________ project. The specific cost share agreed to (including the agreed upon valuation) is detailed in Attachment 5. Recipient must meet or exceed the cost share ratio. If a Recipient is unable to meet its required cost share contribution, Advanced Technology International SCRA Applied R&D may withhold payment of invoices proportionate to the shortfall in cost share.

Appears in 1 contract

Samples: Technology Investment Agreement

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