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Re: Infinitygold post# 84086

Tuesday, 10/20/2009 6:36:27 PM

Tuesday, October 20, 2009 6:36:27 PM

Post# of 127409
Exactly. In my conversations with Hank at the DOE, he said this grant is a cost sharing grant, which means for every dollar that the federal government gives in grant money, the consortium of SCSU, SRE/Pinnacle, others needs to come up with a dollar. So if we were to get the full $25M grant, this would be a $50M project.

See posts #83184 and #83362 for the conversations I had with the DOE and his explanation of the cost sharing involved with the grant.