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Grant Guidelines for the RECOVERY ACT BROADBAND ...

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m) Reasonableness of Project Budget: Applicant has provided a budget that is appropriate to<br />

<strong>the</strong> proposed technical solution and only includes eligible costs.<br />

Yes<br />

No<br />

Purpose of Section: Demonstrates Understanding of Eligibility Factors<br />

Question #7 requires applicants to acknowledge <strong>the</strong> ability to meet <strong>the</strong> Eligibility Factors.<br />

Compliance with all of <strong>the</strong>se requirements will be confirmed by responses to o<strong>the</strong>r questions<br />

throughout <strong>the</strong> application. BIP‐only applicants are not required to answer <strong>the</strong> Additional BTOP<br />

Factors, and BTOP‐only applicants are not required to answer <strong>the</strong> Additional Factors <strong>for</strong> BIP. An<br />

applicant should respond in <strong>the</strong> affirmative to all of <strong>the</strong>se questions or <strong>the</strong>ir application will be<br />

immediately rejected. Please note that <strong>the</strong> applicants will be reviewed throughout <strong>the</strong><br />

application to ensure compliance substantively with all of <strong>the</strong> eligibility factors.<br />

Filing <strong>for</strong> Waiver: Basis and Process<br />

If you are applying <strong>for</strong> a waiver of <strong>the</strong> 20 percent matching requirement, attach a letter that<br />

clearly defines your need. The applicant must demonstrate that complying with <strong>the</strong> Recovery<br />

Act’s mandated 20 percent match of grant funds received under this program is a financial<br />

hardship <strong>for</strong> your organization. An applicant applying <strong>for</strong> a waiver should submit complete<br />

financial documentation, including its assets, liabilities, operating expenses and revenues, and<br />

any o<strong>the</strong>r documents that would demonstrate financial need, such as denial of funding from a<br />

public or private lending institution.<br />

‐ 22 ‐ 7/10/2009

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