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DocuSign Envelope ID: 839331D48AE6410BA4BA68182D3A56E1PHASE 2 COST SHARING AGREEMENT OF CALIFORNIA COMMUNITY POWER AND INDICATED MEMBERS TO CONSIDER, NEGOTIATE, AND DEVELOP AGREEMENTS FOR FIRM CLEAN
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How to fill out phase 2 cost sharing

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How to fill out phase 2 cost sharing

01
Gather necessary financial documents related to your project.
02
Review the cost sharing requirements outlined in the grant agreement.
03
Identify all eligible costs that can be included in the cost sharing.
04
Complete the cost sharing budget template provided by the funding agency.
05
Calculate the total cost sharing amount and ensure it meets or exceeds the required percentage.
06
Obtain necessary approvals from your organization for the submitted cost sharing amounts.
07
Submit the completed cost sharing documentation by the specified deadline.

Who needs phase 2 cost sharing?

01
Organizations or institutions receiving grants that require a cost sharing component.
02
Project managers who oversee projects with federal or state funding.
03
Financial officers who manage budgets for funded projects.
04
Collaborators or partners involved in projects that stipulate shared financial contributions.
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Phase 2 cost sharing refers to the allocation of costs among collaborators in a project, usually in the context of research funding, ensuring that all parties contribute fairly to shared expenses based on their level of involvement.
Entities that receive funding for projects requiring cost sharing under Phase 2 of specific government or institutional programs are required to file phase 2 cost sharing.
To fill out phase 2 cost sharing, stakeholders must provide detailed documentation of costs, allocate expenses appropriately, and submit the required forms to the funding agency, ensuring all regulations are followed.
The purpose of phase 2 cost sharing is to ensure equitable contribution from all parties involved in funding a project, enhancing collaboration and demonstrating commitment to the funding agency.
Information required includes the total project cost, individual contributions of each party, types of costs shared (direct or indirect), and any in-kind contributions.
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