42 U.S.C. § 13542 — Cost sharing
submitted 34 years ago by Pub. L. 102-486 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 222 words · no verdicts yet
For most Department of Energy research and development projects, the Secretary must require outside parties to pay at least 20 percent of the cost — though that can be reduced for basic research. For demonstration and commercial-application projects, outside parties must generally cover at least 50 percent, adjustable for risk. Cash, staff time, services, and equipment all count, and the Tennessee Valley Authority may use power-program funds to help meet its share.
Except as otherwise provided in this Act, for research and development programs carried out under this Act, the Secretary* shall require a commitment from non-Federal sources of at least 20 percent of the cost of the project*. The Secretary may reduce or eliminate the non-Federal requirement under this subsection if the Secretary determines that the research and development is of a basic or fundamental nature.
Except as otherwise provided in this Act, the Secretary shall require at least 50 percent of the costs directly and specifically related to any demonstration or commercial application project under this Act to be provided from non-Federal sources. The Secretary may reduce the non-Federal requirement under this subsection if the Secretary determines that the reduction is necessary and appropriate considering the technological risks involved in the project and is necessary to meet the objectives of this Act.
In calculating the amount of the non-Federal commitment under paragraph (1) or (2), the Secretary shall include cash, personnel, services, equipment, and other resources.
Funds derived by the Tennessee Valley Authority from its power program may be used for all or part of any cost sharing requirements under this section, except to the extent that such funds are provided by annual appropriation Acts.
Source credit: (Pub. L. 102–486, title XXX, § 3002, Oct. 24, 1992, 106 Stat. 3127.)
- 1992Enacted · Pub. L. 102-486 · 106 Stat. 3127
A history note hasn’t been published yet. The record shows enactment by Pub. L. 102-486 on 1992-10-24.
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