Att M - VR Match Calculator.xlsx
XLSX spreadsheet 18 KB Posted
- 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 | $27,064.80 | Contractor share to be provided to BRS |
VR federal funds $100,000.00 Total Bid Amount/Contract budget
| example 2 | ||
| non-federal match required | $135,324.02 | Contractor 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 .