10 CCR s 5466

Cal. Admin. Code tit. 10, s 5466

CALIFORNIA CODE OF REGULATIONS
TITLE 10. INVESTMENT
CHAPTER 7.7. DEPARTMENT OF COMMERCE: COMPETITIVE TECHNOLOGY PROGRAM
ARTICLE 6. REGIONAL TECHNOLOGY ALLIANCES
This database is current through 01/05/07, Register 2007, No. 1.
s 5466. In-Kind Contributions.

As used in this article, "in-kind contributions" means the value of
personnel, equipment and facilities provided by the Alliance, or for use
by the Alliance which meets the following requirements:
(a) In-kind contributions of personnel shall be valued based upon the
salary of such personnel, plus benefits. In-kind contributions of
personnel shall only comprise personnel that will directly participate,
and can be specifically identified with, the Alliance. No in-kind
contributions of personnel less than 50% of that person's time shall be
included as Match.

(b) In-kind contribution of equipment shall meet the following criteria:

(1) The total contribution of equipment must be no more than 20% of
the matching contributions;

(2) Contributed equipment must be used exclusively by the Alliance;
and

(3) For the purposes of Match, equipment shall be valued at its
book value.

(c) In-kind contribution of facilities shall consist only of facilities
used by the Alliance, and the only contribution which shall be included as
Match is that percentage of the use of the facilities attributable to the
Alliance.

Note: Authority cited: Sections 15378.99 and 15346.9, Government
Code. Reference: Section 15346.7, Government Code.

HISTORY

1. Certificate of Compliance as to 10-21-93 order including adoption of
new
section transmitted to OAL 3-3-94 and filed 4-13-94 (Register 94, No. 15).

10 CCR s 5466, 10 CA ADC s 5466
1CAC

10 CA ADC s 5466

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