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52 <br />Circular A-110. The expenditures are necessary and reasonable for accomplishment of the <br />projecdprogram objectives. Documentation of these expenditures is available if necessary. <br />• For tangible items (supplies, equipment), the values represent the cost of those items <br />and the cost does not exceed the fair market value of the items. If the cost of a tangible item <br />is not determinable, the amount reported does not exceed the fair value of the item as of the <br />date of donation. <br />• Any equipment purchased and reported as a cost shared expenditure is fully dedicated to <br />the activities/project. <br />• Amounts related to loaned equipment do not exceed the fair rental value of such <br />equipment. <br />• Amounts related to donated space do not exceed the fair rental value of comparable <br />space. <br />• Service fees reported as cost sharing reflect arms-length amounts that would otherwise <br />be billed to a third party. <br />If the activities/programs are fully completed, please check one of the following: <br />_ The amount of certified cost share expenses equals or exceeds the amount of <br />committed cost sharing. <br />_ The amount of certified cost share expenses is less than the amount of committed cast <br />sharing <br />Explanation: <br />Signature of Program Official <br />Date <br />Print Name and Title <br />Signature of Financial Representative <br />