Section 5466 - In-Kind ContributionsAs 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.Cal. Code Regs. Tit. 10, § 5466
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). Note: Authority cited: Sections 15378.99 and 15346.9, Government Code. Reference: Section 15346.7, Government Code.
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).