# § 5048. Joint funding; single non-Federal share requirement; grant or contract requirement waiver
Pursuant to regulations prescribed by the President, and to the extent consistent with the other provisions of this chapter, where funds are provided for a single project by more than one Federal agency to an agency or organization assisted under this chapter, the Federal agency principally involved may be designated to act for all in administering the funds provided, and, notwithstanding any other provision of law, in such cases, a single non-Federal share requirement may be established according to the proportion of funds advanced by each agency. When the principal agency involved is the Corporation, it may waive any grant or contract requirement (as defined by such regulations) under or pursuant to any law other than this chapter, which requirement is inconsistent with the similar requirements under or pursuant to this chapter.
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**Source Credit**: (Pub. L. 93–113, title IV, § 408, Oct. 1, 1973, 87 Stat. 410; Pub. L. 103–82, title IV, § 405(a)(8), Sept. 21, 1993, 107 Stat. 920.)
## Editorial Notes
### References in Text
This chapter, referred to in text, was in the original “this Act”, meaning , , , known as the Domestic Volunteer Service Act of 1973, which is classified principally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under and Tables.
### Amendments
1993— substituted “the Corporation” for “the ACTION Agency”.
## Statutory Notes and Related Subsidiaries
### Effective Date of 1993 Amendment
Amendment by effective , see , set out as a note under , Government Organization and Employees.
## Executive Documents
### Delegation of Functions
Authority of President under this section delegated to Director of Office of Management and Budget, see section 1 of Ex. Ord. No. 11893, eff. , 41 F.R. 1040, set out as a note under , Money and Finance.