Common use of Budget Modifications Clause in Contracts

Budget Modifications. The total Approved Budget and the assignment of costs may be adjusted based on implementation of the Scope of Work, spending patterns, and unexpended funds, but only by an amendment to the Approved Budget. In no event shall an amendment to the Approved Budget result in payments in excess of the aggregate amount specified in Section 2.01 “Award of Monies” or in approved supplemental funding for the Project, if any. The RECIPIENT may make transfers between or among lines within budget categories without prior written approval provided that:

Appears in 17 contracts

Samples: Cancer Research Grant Contract, State of Texas (Molecular Templates, Inc.), Cancer Research Grant Contract (Plus Therapeutics, Inc.)

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