Common use of Budget Modification Clause in Contracts

Budget Modification. For any modifications to the approved Partner’s Operating Budget when there is an increase or decrease in any budget category, Partner shall complete and submit a Budget Modification Request. Following review of the budget modification request, the City staff will notify Partner of either approval or denial of the request. For modifications that have a 10% or more increase or decrease in any budget category, the City staff will notify Partner in writing.

Appears in 2 contracts

Sources: Child Care Partnership Agreement, Head Start Birth to Five Program Early Head Start Child Care Partnership Agreement