Common use of Budget Changes Clause in Contracts

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. 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 Federated States of the ▇▇▇▇▇▇▇▇ Islands Micronesia may reprogram up to 15 percent of the total budget or $500,0001,000,000, 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: