Att M - VR Match Calculator.xlsx

XLSX spreadsheet 18 KB Posted

Attached to
Vocational Rehabilitation Business NetworkBid Documents
Solicitation number
26-85961
Issued by
Hamilton County, Indiana

About this file

This is a VR Match Calculator spreadsheet used by the Bureau of Rehabilitation Services (BRS) Vocational Rehabilitation program to calculate contractor cost-sharing requirements for federal funding awards. The document provides examples demonstrating how non-federal match funds are calculated based on the total bid amount submitted by contractors.

The calculator operates on a matching fund formula where contractors must provide non-federal match funds proportional to the federal funds awarded. Example 1 shows federal funding of $100,000.00 requiring a contractor match of $27,064.80, while Example 2 demonstrates federal funding of $500,000.00 with a required contractor match of $135,324.02. The spreadsheet contains adjustable fields in yellow that automatically calculate the required contractor match when the total bid amount is modified. The critical requirement is that the Total Bid Amount submitted on the Cost Proposal must align with the VR federal fund figure to ensure accurate match calculations and contract budget accuracy.

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Text version

match calculations VR match calculator - return on match funds

example 1
non-federal match required$27,064.80Contractor share to be provided to BRS

VR federal funds $100,000.00 Total Bid Amount/Contract budget

example 2
non-federal match required$135,324.02Contractor share to be provided to BRS

VR federal funds $500,000.00 Total Bid Amount/Contract budget

Adjusting the Total Bid amount figures in yellow will calculate contractor's required match
Total Bid Amount submitted on Cost Proposal must match VR federal fund figure

File details come from the government source that posted it. Updated .