Common use of Budget Narrative Clause in Contracts

Budget Narrative. Applicants must submit an itemized budget narrative. When developing the budget narrative, applicants must consider whether the proposed budget is reasonable and consistent with the purpose, outcomes, and program strategy outlined in the project narrative. The budget must include: • Salaries and wages • Fringe benefits • Consultant costs • Equipment • Supplies • Travel • Other categories • Contractual costs • Total Direct costs • Total Indirect costs The budget can include both direct costs and indirect costs as allowed. Indirect costs could include the cost of collecting, managing, sharing and preserving data. • Indirect costs on grants awarded to foreign organizations and foreign public entities and performed fully outside of the territorial limits of the U.S. may be paid to support the costs of compliance with federal requirements at a fixed rate of eight percent of modified total direct costs exclusive of tuition and related fees, direct expenditures for equipment, and subawards in excess of $25,000. Negotiated indirect costs may be paid to the American University, Beirut, and the World Health Organization. • If requesting indirect costs in the budget, a copy of the indirect cost rate agreement is required. Include a copy of the current negotiated federal indirect cost rate agreement or cost allocation plan approval letter. The applicant can obtain guidance for completing a detailed justified budget on the CDC website, at the following Internet address: xxxxx://xxx.xxx.xxx/grants/documents/Budget-Preparation-Guidance.docx Additional information submitted via Xxxxxx.xxx must be uploaded in a PDF file format, and should be named: "Indirect Cost Rate Agreement" No more than 10 electronic attachments should be uploaded per application.

Budget Narrative. Applicants must submit an itemized budget narrative. When developing the budget narrative, applicants must consider whether the proposed budget is reasonable and consistent with the purpose, outcomes, and program strategy outlined in the project narrative. The budget must include: •  Salaries and wages •  Fringe benefits •  Consultant costs •  Equipment •  Supplies •  Travel •  Other categories •  Contractual costs •  Total Direct costs •  Total Indirect costs The budget can include both direct costs and indirect costs as allowed. Indirect costs could include the cost of collecting, managing, sharing and preserving data. •  Indirect costs on grants awarded to foreign organizations and foreign public entities and performed fully outside of the territorial limits of the U.S. may be paid to support the costs of compliance with federal requirements at a fixed rate of eight percent of modified total direct costs exclusive of tuition and related fees, direct expenditures for equipment, and subawards in excess of $25,000. Negotiated indirect costs may be paid to the American University, Beirut, and the World Health Organization. •  If requesting indirect costs in the budget, a copy of the indirect cost rate agreement is required. Include a copy of the current negotiated federal indirect cost rate agreement or cost allocation plan approval letter. The applicant can obtain guidance for completing a detailed justified budget on the CDC website, at the following Internet address: xxxxx://xxx.xxx.xxx/grants/documents/Budget-Preparation-Guidance.docx Additional information submitted via Xxxxxx.xxx must be uploaded in a PDF file format, and should be named: "Indirect Cost Rate Agreement" No more than 10 electronic attachments should be uploaded per application.