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DEPARTMENT FOR AGING AND REHABILITATIVE SERVICES AUXILIARY GRANT PROGRAM NON-SSI RESOURCE TRANSFERS 11/18 CHAPTER G PAGE 13 9.3.2.2. Uncompensated Value Subtract the Total ISM Value from the transferred amount. The remainder, if any, is the uncompensated value.

9.4. Services Determine the value of services provided to the transferor based on the CMV of the services (monthly or annually) and their frequency and duration under the agreement. Example: In exchange for $9,000 cash, the individual contracts for yard maintenance services for 5 years. The maintenance company charges $150 per month ($1,800 per year). The CMV of five years of maintenance at $1,800 per year equals $9,000. This was a compensated transfer. 9.4.1. Verification  Verify the CMV of the services. If the services were purchased on the open market, accept the price paid as the CMV. If the services were not purchased on the open market, contact at least one local knowledgeable source in addition to the provider to verify the value.  Verify the agreement to provide services by getting a copy of the services contract or a signed statement from the person getting the transferred resource that shows the type, frequency, and duration of the services to be provided. If the agreement does not specify the frequency, but rather that the services are to be provided on an “as needed” basis, the statement must include his/her expectations as to the frequency of the services and the basis for the expectation. Example—Compensation Received as Services: Roy Linden transferred livestock valued at $2,000 to his neighbor. As compensation, the neighbor agreed to put a new roof on Mr. Linden's home. The worker contacted a local roofing contractor and found that the cost of a new roof would be about $2,100. The compensation received by Mr. Linden was valued at $2,100. Therefore, the worker determines that Mr. Linden received CMV for his livestock.