Common use of Carryover of Unobligated Balances Clause in Contracts

Carryover of Unobligated Balances. ‌ The recipient is hereby authorized to carry over unobligated balances of Federal and non- Federal funds from one budget period to a subsequent budget period, for program activities consistent with their approved State/Annual Plan, without prior approval by the Contracting Officer. Should the recipient wish to use carryover funds for activities that are not consistent with the approved State/Annual Plan, a budget revision application must be submitted for approval by DOE. For purposes of this award, an unobligated balance is the portion of the funds authorized by DOE that have not been obligated by the recipient at the end of a budget period. Recipients are advised to carefully manage grant funds to minimize unobligated balances each year, but especially at the end of the grant project period.

Carryover of Unobligated Balances. ‌ The recipient is hereby authorized to carry over unobligated balances of Federal and non- Federal funds from one budget period to a subsequent budget period, for program activities consistent with their approved State/Annual Plan, without prior approval by the Contracting Officer. Should the recipient wish to use carryover funds for activities that are not consistent with the approved State/Annual Plan, a budget revision application must be submitted for approval by DOE. For purposes of this award, an unobligated balance is the portion of the funds authorized by DOE that have not been obligated by the recipient at the end of a budget period. Recipients are advised to carefully manage grant funds to minimize unobligated balances each year, but especially at the end of the grant project period.

Carryover of Unobligated Balances. ‌ The recipient Recipient is hereby authorized to carry over unobligated balances of Federal and non- non-Federal funds from one budget period to a subsequent budget period, for program activities consistent with their approved State/Annual Plan, without prior approval by the Contracting Officer. Should the recipient Recipient wish to use carryover funds for activities that are not consistent with the approved State/Annual Plan, a budget revision application must be submitted for approval by DOEXXX. For purposes of this awardAward, an unobligated balance is the portion of the funds authorized by DOE that have not been obligated by the recipient Recipient at the end of a budget period. Recipients are The Recipient is advised to carefully manage grant funds to minimize unobligated balances each year, but especially at the end of the grant project period.