DOT will require Task Sponsors with costs earlier mentioned $35 million that receive awards below this funding opportunity to companion with OFCCP, if chosen by OFCCP, like a ailment in their DOT award. All fees incurred for an FSP funded venture within the 2024 Inventory must comply with FSP necessities. If a Challenge Sponsor incurs any prices for any project that may be to the NEC Project Stock, the Project Sponsor will have to assure compliance with FSP program demands to receive FSP funding, irrespective of whether the price is funded from the FSP plan, since it is an element of the job that's about the Stock. If your Undertaking Sponsor is struggling to deliver any components with the challenge into compliance with FSP Application requirements, the applicant will have to outline a ingredient undertaking, per necessities outlined in Portion C(three)(b), for the usage of FSP funding and reveal a discount of the whole Undertaking Charge (commensurate with the expense of the non-compliant component) within the Funding Want depicted for the venture during the 2024 Stock.
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The applicant may well give this documentation in an appendix. Documentation of former and recent regional investments within the job can be evidence of neighborhood monetary determination to the job but cannot be utilised to satisfy non-Federal matching prerequisites. Any funding commitment letters have to be signed by a certified agent of the entity delivering a non-Federal share. For a Major Capital Task, applicants are inspired to deliver an annualized price range in year of expenditure pounds. Project finances information and facts has to be consistent throughout all software components, particularly the Conventional Sort (SF) 424, venture narrative, statement of labor, and funding dedication letters.thirteen The venture price range must be distinct into the job scope described while in the applicant's request for funding under this NOFO for undertaking actions over the Inventory Period. Should the venture proposed to be funded beneath this NOFO is part of a larger scope, the applicant may perhaps reference the bigger scope while in the undertaking narrative but should only consist of throughout the budget table the job scope identified about the 2024 Inventory and that's proposed being funded underneath this NOFO.
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