Grant Budget definition
Examples of Grant Budget in a sentence
Indirect Costs should not exceed 10 percent of the total Grant Budget.
The Grant Budget line-items include, but are not limited to, all applicable taxes, fees, overhead, and all other direct and indirect costs incurred or to be incurred by the Grantee.
Costs must be necessary, reasonable for and allocable to this approved grant award; incurred within the grant award period; itemized in the ▇▇▇▇’▇ Approved Grant Budget Authority; and in accordance with the ▇▇▇▇ provisions.
The Grantee must submit the following reports to DCF, using the following forms: Status Report (Form OGC-1006) Budget Transaction Report (Form OGC-1005) Budget Itemization Report (Form OGC-4005) The Grantee may submit the following reports to DCF using the following forms: Revision Request (Form OGC-1008) • Grantee must submit if they wish to request a revision to their Approved Grant Budget Authority.
Revisions to the grant award budget shall be made in accordance with Revision of Grant Budget in accordance with 2 CFR § 200.308.
The Grantee will be reimbursed for indirect costs in accordance with the approved indirect cost rate and amounts and limitations specified in the attached Grant Budget.
Reimbursement to the Grantee for travel, meals, or lodging shall be subject to amounts and limitations specified in the "State Comprehensive Travel Regulations," as they are amended from time to time, and shall be contingent upon and limited by the Grant Budget funding for said reimbursement.
The Grant Budget amounts are firm for the Term and are not subject to escalation for any reason unless amended, except as provided in Section C.6.
The Grant Funds shall be used solely for the Project activities described in Exhibit A in accord with the ODOT Grant Budget and Cost Sharing set forth in Exhibit B (the “Budget”).
Costs must be included in the Approved Grant Budget to be eligible for reimbursement.