Common use of Budget and Indirect Clause in Contracts

Budget and Indirect. Cost Rate The total amount of this Grant Agreement will not exceed $817,482.00. This includes the System Agency share of $653,986.00 and Xxxxxxx’s required match amount of $163,496.00. The total not-to-exceed amount includes the following: Total Federal Funds: $0.00 Total State Funds: $653,986.00 All expenditures under the Grant Agreement will be in accordance with Attachment B, Budget Procedures, Invoice Submission, and Financial Reporting Requirements. Indirect Cost Rate: Xxxxxxx’s acknowledged or approved Indirect Cost Rate (ICR) is contained within Attachment B, Budget Procedures, Invoice Submission, and Financial Reporting Requirements, and Xxxxxxx’s ICR Letter is attached to this Contract and incorporated as Attachment I, Indirect Cost Rate Letter. Grantee must have an approved or acknowledged indirect cost rate in order to recover indirect costs. If the System Agency approves or acknowledges an updated indirect cost rate, the Grant Agreement will be amended to incorporate the new rate (and the new indirect cost rate letter, if applicable) and the budget revised accordingly.

Budget and Indirect. Cost Rate The total amount of this Grant Agreement will not exceed $817,482.00557,380.00. This includes the System Agency share of $653,986.00 278,690.00 and XxxxxxxGrantee’s required match amount of $163,496.00278,690.00. The total not-to-exceed amount includes the following: Total Federal Funds: $0.00 Total State Funds: $653,986.00 278,690.00 All expenditures under the Grant Agreement will be in accordance with Attachment B, Budget Procedures, Invoice Submission, and Financial Reporting Requirements. Indirect Cost Rate: Xxxxxxx’s acknowledged or approved Indirect Cost Rate (ICR) is contained within Attachment B, Budget Procedures, Invoice Submission, and Financial Reporting Requirements, and Xxxxxxx’s ICR Letter is attached to this Contract and incorporated as Attachment I, Indirect Cost Rate Letter. Grantee must have an approved or acknowledged indirect cost rate in order to recover indirect costs. If the System Agency approves or acknowledges an updated indirect cost rate, the Grant Agreement will be amended to incorporate the new rate (and the new indirect cost rate letter, if applicable) and the budget revised accordingly.

Budget and Indirect. Cost Rate The total amount of this Grant Agreement will not exceed $817,482.00490,848.00. This includes the System Agency share of $653,986.00 245,424.00 and XxxxxxxGrantee’s required match amount of $163,496.00245,424.00. The total not-to-exceed amount includes the following: Total Federal Funds: $0.00 Total State Funds: $653,986.00 245,424.00 All expenditures under the Grant Agreement will be in accordance with Attachment B, Budget Procedures, Invoice Submission, and Financial Reporting Requirements. Indirect Cost Rate: Xxxxxxx’s acknowledged or approved Indirect Cost Rate (ICR) is contained within Attachment B, Budget Procedures, Invoice Submission, and Financial Reporting Requirements, and Xxxxxxx’s ICR Letter is attached to this Contract and incorporated as Attachment I, Indirect Cost Rate Letter. Grantee must have an approved or acknowledged indirect cost rate in order to recover indirect costs. If the System Agency approves or acknowledges an updated indirect cost rate, the Grant Agreement will be amended to incorporate the new rate (and the new indirect cost rate letter, if applicable) and the budget revised accordingly.

Budget and Indirect. Cost Rate The total amount of this Grant Agreement will not exceed $817,482.00241,020.00. This includes the System Agency share of $653,986.00 160,680.00 and XxxxxxxGrantee’s required match amount of $163,496.0080,340.00. The total not-to-exceed amount includes the following: Total Federal Funds: $0.00 Total State Funds: $653,986.00 160,680.00 All expenditures under the Grant Agreement will be in accordance with Attachment B, Budget Procedures, Invoice Submission, and Financial Reporting Requirements. Indirect Cost Rate: Xxxxxxx’s acknowledged or approved Indirect Cost Rate (ICR) is contained within Attachment B, Budget Procedures, Invoice Submission, and Financial Reporting Requirements, and Xxxxxxx’s ICR Letter is attached to this Contract and incorporated as Attachment I, Indirect Cost Rate Letter. Grantee must have an approved or acknowledged indirect cost rate in order to recover indirect costs. If the System Agency approves or acknowledges an updated indirect cost rate, the Grant Agreement will be amended to incorporate the new rate (and the new indirect cost rate letter, if applicable) and the budget revised accordingly.

Budget and Indirect. Cost Rate The total amount of this Grant Agreement will not exceed $817,482.00515,860.00. This includes the System Agency share of $653,986.00 343,906.00 and XxxxxxxGrantee’s required match amount of $163,496.00171,954.00. The total not-to-exceed amount includes the following: Total Federal Funds: $0.00 Total State Funds: $653,986.00 343,906.00 All expenditures under the Grant Agreement will be in accordance with Attachment B, Budget Procedures, Invoice Submission, and Financial Reporting Requirements. Indirect Cost Rate: Xxxxxxx’s acknowledged or approved Indirect Cost Rate (ICR) is contained within Attachment B, Budget Procedures, Invoice Submission, and Financial Reporting Requirements, and Xxxxxxx’s ICR Letter is attached to this Contract and incorporated as Attachment I, Indirect Cost Rate Letter. Grantee must have an approved or acknowledged indirect cost rate in order to recover indirect costs. If the System Agency approves or acknowledges an updated indirect cost rate, the Grant Agreement will be amended to incorporate the new rate (and the new indirect cost rate letter, if applicable) and the budget revised accordingly.

Budget and Indirect. Cost Rate The total amount of this Grant Agreement will not exceed $817,482.003,313,888.00. This includes the System Agency share of $653,986.00 2,209,258.00 and Xxxxxxx’s Grantee’s required match amount of $163,496.001,104,630.00. The total not-to-exceed amount includes the following: Total Federal Funds: $0.00 Total State Funds: $653,986.00 2,209,258.00 All expenditures under the Grant Agreement will be in accordance with Attachment B, Budget Procedures, Invoice Submission, and Financial Reporting Requirements. Indirect Cost Rate: Xxxxxxx’s Grantee’s acknowledged or approved Indirect Cost Rate (ICR) is contained within Attachment B, Budget Procedures, Invoice Submission, and Financial Reporting Requirements, and Xxxxxxx’s Xxxxxxx’s ICR Letter is attached to this Contract and incorporated as Attachment I, Indirect Cost Rate Letter. Grantee must have an approved or acknowledged indirect cost rate in order to recover indirect costs. If the System Agency approves or acknowledges an updated indirect cost rate, the Grant Agreement will be amended to incorporate the new rate (and the new indirect cost rate letter, if applicable) and the budget revised accordingly.