Cost-share Agreement [Agriculture] Law and Legal Definition

According to 7 CFR 625.2 [Title 7 – Agriculture; Subtitle B -- Regulations of the Department of Agriculture; Chapter VI -- Natural Resources Conservation Service, Department of Agriculture; Subchapter C -- Water Resources; Part 625 -- Healthy Forests Reserve Program], cost-share agreement means “a legal document that specifies the rights and obligations of any participant accepted into the program. A HFRP cost-share agreement is a binding agreement for the transfer of assistance from USDA to the participant to share in the costs of applying conservation. A cost-share agreement under HFRP has a duration of 10-years.”