A cost reimbursement grant is a federal government grant that is awarded to organizations for a specific project and requires the recipient to pay all or part of the cost of the project over a specified period.
There are many applications for a cost reimbursement grant. Some of the more common ones include:
Transportation Infrastructure Improvements or TIGER grants from the Federal Highway Administration (FHWA). These funds allow the use of public transit and safe or efficient transportation projects to reduce congestion or save motorists fuel.
The National Highway Traffic Safety Administration (NHTSA) has funding to fund and build safety and security barriers on high occupancy toll (HOT) lanes in order to increase traffic safety and reduce fatalities.
The Federal Highway Administration also offers funding to pay for the development of an infrastructure maintenance system that can help reduce traffic congestion and prevent the loss of life.
This is a form of cost reimbursement that is based on an evaluation which evaluates the current impact of the project on the local economy and the environment.
The grant provides the organization with the financial resources, but they must pay for the project themselves. The funds are repaid when the project is completed to help reduce the cost of the project.
Who gets the grant?
A cost reimbursement grant is open only to non-governmental organizations (NGOs) – not organizations that are part of any public government.
Who else is eligible for a grant?
Some organizations have received a cost reimbursement grant from the federal government to help fund construction projects.
How will the grant help?
It supports the organization’s vision and helps to bring needed improvements to help make their project successful.
What do I have to do to apply for a cost reimbursement grant?
The application can be submitted through the following:
U.S. Department of Transportation Online Application
The National Highway Traffic Safety Administration (NHTSA) provides a web-based platform to help organizations to obtain cost reimbursement grants. Learn more at www.nhtsa.gov/costreimbursementguidelines.
Who do I need to contact?
To get more information, call 1-800-424-CARE (2273).
What do I pay for the cost reimbursement?
The cost reimbursement will be paid to the recipient and will be collected after that organization files the application for a $10,000 grant and is awarded the grant.
How much need is there for a cost reimbursement
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