Common use of Budget Adjustments Clause in Contracts

Budget Adjustments. If this agreement is budget based, the budget attached to this agreement will be the basis for DHHS's payments to the Subrecipient. The Subrecipient shall not transfer budgeted funds from program costs to either administrative costs or capital expenditures without DHHS’s prior written approval. The Subrecipient shall not transfer budgeted funds between administrative costs and capital expenditures without DHHS’s prior written approval. The Subrecipient may transfer funds from administrative costs or capital expenditures to program costs without prior approval. The Subrecipient may transfer funds between subcategories within each major category without prior approval if there are no restrictions on expenditures within those subcategories.