Matching requirements.

(a) Requirement for Research and/or Development Projects. The non-Federal share of the cost of a research or development project under BRDI shall be not less than 20 percent. NIFA may reduce the non-Federal share of a research or development project if the reduction is determined to be necessary and appropriate. (b) Requirement for Demonstration and Commercial Projects. The non-Federal share of the cost of a demonstration or commercial project under BRDI shall be not less than 50 percent. (c) Indirect costs. Use of indirect costs as in-kind matching contributions is subject to § 3430.52 of this part. [75 FR 33498, June 14, 2010, as amended at 76 FR 38549, July 1, 2011]