Budget Changes Clause Samples

Budget Changes. Grantee may only make a discretionary line item transfer after providing written notification to Grantor.

Budget Changes.  Grantee may make changes to any budget category amounts up to 10% of the total award amount per line item without the approval of the Project Monitor so long as budget categories are not added or deleted, the total dollar amount of the Grant Agreement is not affected, and the outcomes of the Grant Agreement will not be materially affected.  Grantee may add or delete budget categories subject to the prior approval of the Project Monitor.  Grant amendments are required for budget changes when there are changes in the total dollar amount of the Grant Agreement and/or the outcome of the Grant Agreement is materially affected. The request for such changes should include a letter of justification; three copies of a revised "Application Budget Summary," all of which have been signed by the Chief Business Officer or his/her designee, in an ink color other than black, and a revised "Application Budget Detail Sheet." The project monitor shall send grantee an amended face sheet if the total dollar amount of the Grant Agreement is changed. The amended face sheet must be signed by both parties prior to processing.  The Budget Amendment request should be mailed to the Project Monitor for approval. Grantee will be notified if the request is approved or if additional information is required. In any event, the Grantee shall implement changes only upon written notification by the Project Monitor. Additionally, the next Progress Report must show the new budget changes. Budget changes or amendments involving an extension of time are subject to applicable program limitations. For grants funded under the ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Career and Technical Education Improvement Act of 2006, extensions of time are not allowed beyond June 30th of the year in which the funds were awarded. For other programs, no budget change or amendment may permit expenditures to be made after June 30th of the second year following the period for which the funds were appropriated. Any budget change or amendment permitting funds to be spent beyond the year of appropriation shall ensure that Grantee does not receive funding for the same expense from more than one fiscal year.

Budget Changes. In the event that there are any program changes and/or User changes, or in the event of changes in the partners to this agreement necessitating budget changes, any supplemental budget shall go through the budget stages set forth herein and comply with all applicable Lewis County budget policies and local government budget laws and regulations.

Budget Changes. Grant recipient(s) may make changes to any budget category amounts without the approval of the Project Monitor so long as budget categories are not added or deleted, the total dollar amount of the Grant Agreement is not affected, and the outcomes of the Grant Agreement will not be materially affected. • Adding or deleting budget categories are subject to the prior approval of the Project Monitor. Prior approval for these additions and/or deletions is made through the Chancellor’s Office on-line quarterly reporting system. Once the requested change is approved, the affected quarterly budget will be updated electronically. • Grant amendments are required for budget changes when there are changes in the total dollar amount of the Grant Agreement and/or the outcome of the Grant Agreement is materially affected.

Budget Changes. (1) Nonconstruc- tion projects. Except as stated in other regulations or an award document, grantees or subgrantees shall obtain the prior approval of the awarding agency whenever any of the following changes is anticipated under a non- construction award: (i) Any revision which would result in the need for additional funding. (ii) Unless waived by the awarding agency, cumulative transfers among di- rect cost categories, or, if applicable, among separately budgeted programs, projects, functions, or activities which exceed or are expected to exceed ten percent of the current total approved budget, whenever the awarding agen- cy’s share exceeds $100,000. (iii) Transfer of funds allotted for training allowances (i.e., from direct payments to trainees to other expense categories).

Budget Changes. Re-allocation of funds from one sector to another sector shall not be permitted during the course of the Grant year. Re-allocation of Supplemental Education Grant funds for activities outside of those approved to be supported by that Grant is prohibited. Except as set forth below, the Government of the Republic of the ▇▇▇▇▇▇▇▇ Islands may reprogram up to 15 percent of the total budget or $500,000, whichever is less, within either an approved Sector Grant or the Supplemental Education Grant to meet unanticipated requirements and make limited program changes to approved projects. However, unless waived by the Government of the United States, the following changes in budgets and projects during the course of the Grant year shall require prior written approval of the United States:

Budget Changes. The Contractor may make changes to the budget, without a formal modification to the Contract and without securing the prior approval of ESD, under the following conditions: a. The revisions must not result in the need for additional funding; b. The revisions must not result in the need to adjust performance targets established in this Contract; c. The revisions must neither alter the scope of work nor the Statement of Work; d. The revisions must not be prohibited by applicable federal or state statutes or regulations; e. The Contractor may vary actual expenditures within the major cost categories of the budget without securing the prior approval of ESD when such variances do not exceed 10% of the total costs originally budgeted in the category. Such variance may be between line items only and may not alter the total amount of money originally budgeted in the major cost categories. The Contractor will send advance written notices of allowed variances to ESD. Per Exhibit B, Paragraph 1.6, Modifications, all other changes or modifications to this contract shall be valid only when in writing and signed by the authorized representatives of both parties.

Budget Changes. An amendment that would result in a transfer of funds among program activities or budget categories that does not affect the amount, consideration, scope or other terms of such contract may be subject to the approval of the Offices of the State Comptroller and Attorney General where the amount of such modification is, as a portion of the total value of the contract, equal to or greater than ten percent for contracts of less than five million dollars, or five percent for contracts of more than five million dollars; and, in addition, such amendment may be subject to prior approval by the applicable State Agency as detailed in Appendix C (Payment and Reporting Schedule).

Budget Changes. After the Effective Date of this Agreement, no changes shall be made to the program budget, funded homeless service providers, or eligible activities without prior written approval from the SCHCAA. Any changes to this Agreement must be made in writing and approved by both the SCHCAA and the Subrecipient. The proposed change/s must be consistent with 24 CFR 576. Subrecipient agrees to notify the SCHCAA in writing of any line item changes to the budget needed for the SCHCAA to update the federal Integrated Disbursement and Information System (“IDIS”).