§40304 Grants or Contracts

Summary

The Administrator can give grants or sign contracts to support space grant and fellowship programs that meet the goals in section 40301. Normally a grant or contract can pay up to 66 percent of a project’s total cost, except when paid with funds accepted under section 40303(c)(2). The Administrator can also give special grants that cover up to 100 percent of costs if the applicant cannot reasonably meet the matching rule, the project’s benefit is worth waiving the match, and the same benefit cannot be gotten under the regular grant rules or section 40305. Anyone may apply, and the Administrator sets the form and information required. Grants and contracts must follow extra rules. Money cannot be used to buy land, buy or build buildings, or buy or build launch facilities or vehicles, though leases for those are allowed if the Administrator approves in writing. Recipients must keep records the Administrator requires, show how money was spent and total project costs, keep those records for 3 years after the project ends, and allow the Administrator and the Comptroller General to inspect them for audits.