This program has no statutory formula. Project costs are funded at up to 100 percent. Grantee matching contributions are not required, but are encouraged. Coastal Wetland Planning, Protection and Restoration Act requires a 15 percent match by the State of Louisiana at this time. Awards are normally for a 12 month period but in some instances, award periods may extend beyond 12 months, or may be completed in less than 12 months.
Reports are due in accordance with the terms and conditions of the award.
The Department's Financial Assistance Standard Terms and Conditions may require that financial and performance reports be submitted semi-annually or on some other agreed upon schedule. Commercial organizations shall be subject to the audit requirements as stipulated in the award document. All financial and programmatic records, supporting documents, statistical reports, and other records of grantees or subgrantees are required to be retained for 3 years from the date when the final Financial Assistance Report is submitted.