Common use of Budgets and Grant-in-Aid Clause in Contracts

Budgets and Grant-in-Aid. 17.1 Expenditure against resource and capital budgets must be recorded and monitored by the Birmingham Organising Committee in accordance with the Treasury’s Consolidated Budgeting Guidance (or its successor). These are the net expenditure limits for the Birmingham Organising Committee in each year which must be adhered to. Net expenditure above these limits may not be committed until or unless a revised budget has been agreed in writing by the Department (see Part B).

Budgets and Grant-in-Aid. 17.1 15.1 Expenditure against resource and capital budgets must be recorded and monitored by the Birmingham Organising Committee in accordance with the Treasury’s Consolidated Budgeting Guidance (or its successor). These are the net expenditure limits for the Birmingham Organising Committee in each year which must be adhered to. Net expenditure above these limits may not be committed until or unless a revised budget has been agreed in writing by the Department (see Part B).