In one part of the online literature provided there is mention of match funding. Is the successful organisation also expected to come up with funding for the project?
Match funding demonstrates the commitment of the contracting body to the project and represents greater value, in terms of what could be achieved with a larger pot of funding. Bidders that provide significant match funding are afforded a degree of flexibility in terms of the scope of project activities. Although match funding is desirable, the success of the proposal depends on how well the project criteria has been met.
