The material cost for a project is $100,000.

According to the LEED v4 Reference Guide for Building Design and Construction, Option 2 of the Sourcing of Raw Materials credit requires using products that meet at least one of the responsible extraction criteria for at least 25%, by cost, of the total value of permanently installed building products in the project1. Therefore, for a project with a material cost of $100,000, the minimum material value needed to achieve this option is 25% of $100,000, which is $25,000.