OAR 738-124-0040: Maximum COAR Grant Award and Recipient Financial Matching Requirements

(1) The aggregate maximum grant award that a Recipient may receive under the COAR program is $150,000 per project, regardless of the number of applications filed for the project. (2) COAR Financial matching requirements. (a) Minimum financial match requirements are based on the category of airport at which the project will be implemented, as listed in Department policy ODAV-033.. By category, the minimum financial match requirements are: (A) Category 1 (i) Commercial Primary: 50% of the total eligible project costs (ii) Other Commercial Non-Primary (less than 10,000 enplanements): 35% of the total eligible project costs (B) Category 2 – Business: 25% of the total eligible project costs (C) Category 3 – Regional: 10% of the total eligible project costs (D) Category 4 – Community: 10% of the total eligible project costs (E) Category 5 – Low Activity: 5% of the total eligible project costs (b) For applications filed for assistance with FAA or other state or federal grant match requirements, the eligible project cost equals (i) the FAA grant match amount less (ii) any non-FAA, non-Applicant project funding sources, for example, Connect Oregon funds. The resulting eligible project cost is subject to the minimum financial match requirements described above.