Applicant Share question

[TotowaEMT]

You applied for $100 in funding. Your share is 5%. Actual award is $95. Bid quote comes in at $90. Do you request payment for $90 and effectively have to spend nothing out of pocket? or do you request payment for $85.50 and pay the $4.50 out of pocket, leaving excess funds?

[SLY4420]

Excess funds. You must match your 5% on whatever you spend.

[ktb9780]

You applied for $100 in funding. Your share is 5%. Actual award is $95. Bid quote comes in at $90. Do you request payment for $90 and effectively have to spend nothing out of pocket? or do you request payment for $85.50 and pay the $4.50 out of pocket, leaving excess funds?

Request payment for $85.50 and pay the $4.50 out of pocket

[mtndew21]

Request payment for $85.50 and pay the $4.50 out of pocket

write a $4.50 check for your payment so you have a paper trail. Make a copy of the cashed check and place in your grant folder.

[TotowaEMT]

thanks bros