Budget Procedures Clause Samples
Budget Procedures. A. Grantee shall utilize the funding only for costs that are both allowable and approved. To utilize funds for an expense not documented on the HHSC-approved cost reimbursement budget, Grantee shall submit a written request to HHSC for approval prior to utilizing the funds for the expense. HHSC will provide a written Notice to Proceed (NTP) if the requested expense is approved. Grantee shall not use funds for such an expense until NTP is received from HHSC.
B. If needed, Grantee may revise the HHSC-approved cost reimbursement budget. The following requirements apply to budget transfers across budget categories:
1. Transferring funds between budget categories, other than the “Equipment” and “Indirect Cost” categories, is allowable without requesting approval from HHSC, but only if the budget transfer(s) do not exceed ten percent (10%) of the total amount during the Project Period, alone or cumulatively.
2. For transfers between budget categories, other than the “Indirect Costs” or “Equipment” categories, that exceed ten percent (10%) of the total allotted amount during a Project Period, Grantee shall submit a timely written request for review and approval to the following email address: ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇.▇▇▇▇▇.▇▇▇. If approved, HHSC will provide written correspondence documenting approval of the cost reimbursement budget revision.
3. Any budget revisions to the “Indirect Costs” and/or “Equipment” categories must be incorporated by an amendment to the Grant Agreement. Grantee shall timely submit a written request with justification for the budget revision to the following email address: ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇.▇▇▇▇▇.▇▇▇. If ▇▇▇▇▇▇▇’s request is approved, then HHSC will notify Grantee; however, ▇▇▇▇▇▇▇’s budget revision is not authorized, and funds cannot be utilized until the amendment incorporating the revisions is executed.
4. After Grantee purchases approved equipment with HHSC funds, the equipment must be inventoried, maintained in working order, and appropriately secured.
Budget Procedures. A. Grantee shall utilize the funding only for costs that are both allowable and approved. To utilize funds for an expense not documented on the HHSC-approved cost reimbursement budget, Grantee shall submit written request to HHSC for approval prior to utilizing the funds for the expense. HHSC will provide a written Notice to Proceed (NTP) if the requested expense is approved. Grantee shall not use funds for such an expense until a written NTP is received from HHSC.
B. If needed, Grantee may revise the HHSC-approved cost reimbursement budget. The following requirements apply to budget transfers across budget categories:
1. only if the budget transfer(s) does exceed ten percent (10%) of the total allotted amount during a SFY, alone or cumulatively.
2. ▇▇▇ amount during a SFY, alone or cumulatively, Grantee shall submit a timely written request to the HHSC Contract Representative for review and approval. If approved, HHSC will provide written correspondence documenting approval of the cost reimbursement budget revision.
3. incorporated by an amendment to the Grant Agreement. Grantee shall timely submit to the HHSC Contract Representative a written request with justification for the authorized, and funds cannot be utilized until the amendment incorporating the revisions is executed.
4. After Grantee purchases approved equipment with System Agency funds, the equipment must be inventoried, maintained in working order, and appropriately secured.
Budget Procedures. A. The Executive Director and Designated Staff shall be responsible for the finances of the Association using accepted accounting practices. The Board of Directors is accountable to the membership for the establishment and oversight of all fiscal policies and practices.
B. The budget process shall be year-round based on a fiscal year beginning July 1 and ending on June 30. The Board of Directors shall adopt the annual budget no later than May 15 of each year. The Board of Directors shall receive quarterly financial reports, and, at its discretion, may order additional financial reports.
C. Fiscal policies shall be adopted and revised by the Board of Directors.
D. The Executive Director and Designated Staff shall develop fiscal procedures as required by law and adopted by the Board of Directors.
Budget Procedures. The Board will forward to the Association public documents pertaining to the budget for School District #78 (Fraser-Cascade) as soon as possible after their becoming available.
Budget Procedures. A. Contractor shall utilize the funding only for costs that are both allowable and approved. Any changes to the funding amount or payment method of this Contract shall require an amendment signed by both parties.
B. HHSC will pay Contractor two times per year for the actual cost of completing each deliverable or the nearest practicable estimate of that cost. Contractor has estimated its costs to be those amounts described in the table below and agrees these are estimated costs. Bi-annual Invoice No.
Budget Procedures. A. On or before October 1 of each year during the term of this Agreement, the EOHWC shall submit to NYCDEP a copy of the plan update it submits to NYSDEC on or before October 1 identifying the retrofit projects it plans to accomplish in the following calendar year.
B. The EOHWC will distribute to NYCDEP at the same time it distributes to its Board of Directors or committee members, all correspondence, meeting notices and materials for Board of Directors meetings, including, without limitation, proposed budgets and budget modifications, as well as materials distributed to the Board of Directors in anticipation of discussions held during Executive Sessions, and any materials distributed to Committee members in anticipation of committee meetings or planned discussions. The EOHWC will prepare a budget not less than annually.
Budget Procedures. A. Grantee shall utilize the funding only for costs that are both allowable and approved. To utilize funds for an expense not documented on the HHSC-approved cost reimbursement budget, Grantee shall submit written request to HHSC for approval prior to utilizing the funds for the expense. HHSC will provide a written Notice to Proceed (NTP) if the requested expense is approved. Grantee shall not use funds for such an expense until a written NTP is received from HHSC.
B. If needed, Grantee may revise the HHSC-approved cost reimbursement budget. The following requirements apply to budget transfers across budget categories:
1. SC, but only if the budget transfer(s) does exceed ten percent (10%) of the total allotted amount during a SFY, alone or cumulatively.
2. nt (10%) of the total allotted amount during a SFY, alone or cumulatively, Grantee shall submit a timely written request to the HHSC Contract Representative for review and approval. If approved, HHSC will provide written correspondence documenting approval of the cost reimbursement budget revision.
3. incorporated by an amendment to the Grant Agreement. Grantee shall timely submit to the HHSC Contract Representative a written request with justification for the authorized, and funds cannot be utilized until the amendment incorporating the revisions is executed.
4. After Grantee purchases approved equipment with System Agency funds, the equipment must be inventoried, maintained in working order, and appropriately secured.
Budget Procedures. The Parties acknowledge that the Novel Formulation Development Plan sets forth: (a) an Approved Budget for the First Stage of the Novel Formulation Development Activities, which consists of the portion of the Feasibility Assessment set forth in Section 3.2(a) above; and (b) an Approved Budget for the Second Stage of the Novel Formulation Development Activities. In no event shall PARI exceed either such Approved Budget without ABARIS’ prior written consent. If PARI finds it necessary to exceed either such Approved Budget, the Parties may agree in writing to an increased budget, in which case such increased budget shall be deemed an Approved Budget. Subject to Section 3.13.2(b) below: (a) PARI shall use commercially reasonable efforts not to exceed such Approved Budgets; and (b) PARI shall not be obligated to perform any Novel Formulation Development Activities which would cause PARI to exceed the applicable Approved Budget.
Budget Procedures. Funding Source: Federal funding and State General Revenue
Budget Procedures. A. Reclamation will make best efforts to incorporate the District’s Project budget requests in Reclamation’s annual budget.
B. By July 31 of each year, the District shall submit to the Western Colorado Area Office Area Manager, in a form prescribed by Reclamation, a proposed budget for 3 years in advance incorporating the Federal fiscal year (October through September).
C. Following the annual submittal of the District’s proposed Project budget to Reclamation and prior to the annual submittal of the Department of the Interior’s proposed budget to the Office of Management and Budget, Reclamation shall consult with the District concerning the District’s proposed Project budget.