Description
Multiply grantAmount by nonnegative requiredMatchFraction for requiredMatch and floor required minus availableMatch at zero for shortfall.
Public-sector budget and procurement quantities use specified amounts, contribution shares, and charging bases. A component calculation does not establish procurement compliance, funding eligibility, or the full cost of a program.
Multiply grantAmount by nonnegative requiredMatchFraction for requiredMatch and floor required minus availableMatch at zero for shortfall.
When to use this tool
Use Grant Cofinancing Shortfall when you need a narrow budget, contribution, or fee calculation from supplied amounts.
How to use the tool and how it works
- Enter grantAmount, requiredMatchFraction, availableMatch. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read requiredMatch, shortfall. Use the output convention below.
Multiply grantAmount by nonnegative requiredMatchFraction for requiredMatch and floor required minus availableMatch at zero for shortfall.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| grantAmount | Grant Amount | Required. Finite number; minimum 0. |
| requiredMatchFraction | Required Match Fraction | Required. Finite number; minimum 0. |
| availableMatch | Available Match | Required. Finite number; minimum 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| requiredMatch | Required Match | Required. Finite number. |
| shortfall | Shortfall | Required. Finite number. |
{
"input": {
"grantAmount": 10000,
"requiredMatchFraction": 0.25,
"availableMatch": 1500
},
"output": {
"requiredMatch": 2500,
"shortfall": 1000
}
}Limitations and assumptions
- Match fraction is relative to the grant, not total project cost, and is not capped at one; actual grant terms and eligible match sources are not verified.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Reconcile the calculation with the approved budget, governing rules, and complete procurement or funding record.
References
Similar or alternative tools
- Procurement Bid Bond Share
Divide nonnegative bondAmount by positive bidAmount for bondFraction and multiply by 100 for bondPercent.
- Budget Commitment Remaining Balance
Subtract nonnegative spent and committedUnspent from nonnegative budget for uncommittedBalance.