Page:United States Statutes at Large Volume 116 Part 3.djvu/484

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116 STAT. 2076 PUBLIC LAW 107-295—NOV. 25, 2002 "(c) MATCHING REQUIREMENTS.— "(1) 75-PERCENT FEDERAL FUNDING. —Except as provided in paragraph (2), Federal funds for any eligible project under this section shall not exceed 75 percent of the total cost of such project. "(2) EXCEPTIONS.— "(A) SMALL PROJECTS.— There are no matching requirements for grants under subsection (a) for projects costing not more than $25,000. "(B) HIGHER LEVEL OF SUPPORT REQUIRED.—I f the Secretary of Transportation determines that a proposed project merits support and cannot be undertaken without a higher rate of Federal support, then the Secretary may approve grants under this section with a matching requirement other than that specified in paragraph (1). "(d) COORDINATION AND COOPERATION AGREEMENTS. —The Secretary of Transportation shall ensure that projects paid for, or the costs of which are reimbursed, under this section within any area or port are coordinated with other projects, and may require cooperative agreements among users of the port and port facilities with respect to projects funded under this section. " (e) ADMINISTRATION.— "(1) IN GENERAL.— The program shall require eligible port authorities, facility operators, and State and local agencies required to provide security services, to submit an application, at such time, in such form, and containing such information and assurances as the Secretary of Transportation may require, and shall include appropriate application, review, and delivery mechanisms. "(2) MINIMUM STANDARDS FOR PAYMENT OR REIMBURSE- MENT.— Each application for payment or reimbursement of eligible costs shall include, at a minimum, the following: "(A) A copy of the applicable Area Maritime Transportation Security Plan or facility security plan. "(B) A comprehensive description of the need for the project, and a statement of the project's relationship to the applicable Area Maritime Transportation Security Plan or facility security plan. "(C) A determination by the Captain of the Port that the security project addresses or corrects Coast Guard identified vulnerabilities in security and ensures compliance with Area Maritime Transportation Security Plans and facility security plans. Regulations. "(3) PROCEDURAL SAFEGUARDS. —The Secretary of Transportation shall by regulation establish appropriate accounting, reporting, and review procedures to ensure that amounts paid or reimbursed under this section are used for the purposes for which they were made available, all expenditures are properly accounted for, and amounts not used for such purposes and amounts not obligated or expended are recovered. "(4) PROJECT APPROVAL REQUIRED. —The Secretary of Transportation may approve an application for the payment or reimbursement of costs under this section only if the Secretary of Transportation is satisfied that— "(A) the project is consistent with Coast Guard vulnerability assessments and ensures compliance with Area