Section 268.7 - Federal/State share and restrictions on the uses of Federal Maglev Funds(a)Federal share. The Federal share of Full Projects Costs shall be not more than 2/3, with the remaining 1/3 paid by the grant recipient using non-Federal funds. Funds made available under STP and CMAQ are considered non-Federal funds for purposes of the matching requirement.(b)Restrictions on the uses of Federal Maglev Funds.(1) Federal Maglev Funds may be applied only to Eligible Project Costs;(2) Federal Maglev Funds provided under a preconstruction planning grant may be used only for Phase II activities, and for completion of site-specific draft EIS's; see § 268.3 ;(3) Federal Maglev Funds may be used to pay for only 2/3 of preconstruction planning costs; grant recipients are required to pay the remaining 1/3 of the costs with non-Federal funds; and(4) The "prevailing wages" requirement of the Davis Bacon Act ( 40 U.S.C. 276a-276a-5 ) applies to any construction contracts under the Maglev Deployment Program.