Cost Reimbursement Budget. 1. System Agency will provide written technical guidance correspondence documenting approval or denial of Xxxxxxx’s cost reimbursement budget.
2. Xxxxxxx’s approved cost reimbursement budget documents all allowable expenditures.
3. Grantee shall only utilize the funding for allowable costs. If Grantee requests to utilize funds for an expense not documented on the approved cost reimbursement budget, Grantee shall notify System Agency, in writing, and must receive written approval prior to utilizing the funds. System Agency shall provide written notification documenting approval/disapproval of the requested expense.
4. Grantee may revise the System Agency-approved cost reimbursement budget. Revision requirements are as follows:
a. System Agency approves Grantee’s transfer of up to ten (10) percent of funds from budgeted direct cost categories only, excluding the ‘Equipment’ category. Budget revisions exceeding ten (10) percent requirement require System Agency’s written approval.
b. Grantee may request revisions to the approved cost reimbursement budget direct cost categories that exceed the ten (10) percent requirement by submitting a written request to the System Agency assigned contract manager. This change is considered a minor administrative change and does not require a contract amendment. System Agency shall provide written notification through technical guidance correspondence documenting approval or denial of Xxxxxxx’s budget revision.
c. Grantee may revise the cost reimbursement budget ‘Equipment’ cost category, however a formal contract amendment is required. Grantee shall submit to the System Agency assigned contract manager a written request to revise the budget, which includes a justification for the revisions. System Agency will amend the contract if Xxxxxxx’s revision request is approved. Xxxxxxx’s budget revision is not authorized, and funds cannot be utilized until the contract amendment is executed.
d. If Attachment J - Indirect Cost Rate Letter is required but it is not issued by HHSC at the time of Contract execution, Grantee may revise the cost reimbursement budget to incorporate Xxxxxxx’s new indirect cost rate. This change is considered a minor administrative change and does not require a contract amendment. System Agency shall provide written notification through technical guidance correspondence documenting approval or denial of Xxxxxxx’s budget revision and will incorporate the new Attachment J - Indirect Cost Rate Letter into the ...
Cost Reimbursement Budget. 1. The Cost Reimbursement budget documents all approved and allowable expenditures; Grantee shall only utilize the funding detailed in Attachment B for approved and allowable costs. If Grantee requests to utilize funds for an expense not documented on the approved budget, Grantee shall notify, in writing, the System Agency assigned contract manager and request approval prior to utilizing the funds. System Agency shall provide written notification regarding if the requested expense is approved.
2. If needed, Grantee may revise the System Agency approved Cost Reimbursement budget. The requirements are as follows:
a. Grantee is allowed to transfer funds from the budgeted direct categories only; with the exception of the Equipment Category. Grantee may transfer up to ten percent (10%) of the Fiscal Year Contract value without System Agency
Cost Reimbursement Budget. 1. The Attachment B-1 Approved Categorical Budget (August 2023) documents all approved and allowable expenditures and incorporated into the Contract. Grantee shall only utilize the funding detailed in Attachment B-1 Approved Categorical Budget (August 2023) for approved and allowable costs.
2. If needed, Grantee may revise the Attachment B-1 Approved Categorical Budget (August 2023). The requirements are as follows:
a. Grantee is allowed to transfer funds from the budgeted direct categories only, with the exception of the Equipment Category. Grantee may transfer up to ten
Cost Reimbursement Budget. 1. The Attachment B-1, Approved Categorical Budget documents all approved and allowable expenditures and is incorporated into the Grant Agreement. Grantee shall only utilize the funding detailed in Attachment B-1, Approved Categorical Budget for approved and allowable costs.
2. If needed, Grantee may revise the Attachment B-1, Approved Categorical Budget. The requirements are as follows:
a. Grantee is allowed to transfer funds to the budgeted direct categories except for the Equipment category. Grantee may transfer up to ten percent (10%) of the FY Contract value without System Agency approval. Budget revisions exceeding the ten percent (10%) requirement require System Agency’s written approval, see (J) (2) (b).
b. Grantee may request revisions to Attachment B-1, Approved Categorical Budget that exceed the ten percent (10%) requirement stated in (J)(2)(a) by submitting a written request to the assigned Contract Manager, in accordance with the Section K. Budget Program Adjustment (BPA)
Cost Reimbursement Budget a. System Agency shall provide written notification through technical guidance correspondence documenting approval of Grantee’s Cost Reimbursement budget, provided within the Request for Application, No. HHS0006637. The notification shall be incorporated into the Contract, and the information will be documented in CMBHS.
b. The Cost Reimbursement budget documents all approved and allowable expenditures; Grantee shall only utilize the funding detailed in Attachment B for approved and allowable costs. If Grantee requests to utilize funds for an expense not documented on the approved budget, Grantee shall notify, in writing, the System Agency assigned contract manager and request approval prior to utilizing the funds. System Agency shall provide written notification regarding if the requested expense is approved.
Cost Reimbursement Budget. 1. The Attachment B-1 Approved Categorical Budget documents all approved and allowable expenditures and incorporated into the grant agreement. Grantee shall only utilize the funding detailed in Attachment B-1 Approved Categorical Budget for approved and allowable costs.
2. If needed, Grantee may revise the Attachment B-1 Approved Categorical Budget. The requirements are as follows:
a. Grantee is allowed to transfer funds from the budgeted direct categories except for Equipment category. Grantee may transfer up to ten (10) percent of the Fiscal Year Contract value without System Agency approval. Budget revisions exceeding the ten percent requirement require System Agency’s written approval, see (J) (2) (b).
b. Grantee may request revisions to ATTACHMENT B-1 APPROVED CATEGORICAL BUDGET that exceed the ten (10) percent requirement stated in (J)(2)(a), by submitting a written request to the assigned contract manager, in accordance with the SECTION K. BUDGET PROGRAM ADJUSTMENT REQUIREMENTS. This change is considered a minor administrative change and does not require an amendment. The System Agency shall provide written notification if the budget revision is approved; and the assigned contract manager will update CMBHS, as needed. Please note all changes to the Equipment and indirect categories require System Agency approval, see sections (J) (2) (c) and (J) (2) (d).
c. Grantee may revise funding in the Equipment category by submitting a written request
Cost Reimbursement Budget. 1. Grantee shall only utilize the funding for approved and allowable costs. If Grantee requests to utilize funds for an expense not documented on the approved annual cost reimbursement budget, Grantee shall notify System Agency, in writing, and request approval prior to utilizing the funds. System Agency shall provide written notification regarding if the requested expense is approved.
Cost Reimbursement Budget. 1. Grantee shall utilize the funding only for costs that are both allowable and approved. If Grantee requests to utilize funds for an expense not documented on the approved cost reimbursement budget, Grantee shall notify HHSC, in writing, and request approval prior to utilizing the funds. HHSC shall provide written notification as to if the requested expense is approved.
2. If needed, Grantee may revise the HHSC-approved cost reimbursement budget. Revision requirements are as follows:
a. HHSC exceeding the ten (10) percent requirement require HHSC
b. Grantee may request revisions to the approved cost reimbursement budget direct cost categories that exceed the ten (10) percent requirement by submitting a written request to HHSC designated Contract manager. This change will require a formal Contract amendment. HHSC will amend the Contract utilized until the Contract amendment is executed.
c. category, but a formal Contract amendment is required. Grantee shall submit to ontract manager a written request to revise the budget, which includes a justification for the Contract utilized, revisions. HHSC will amend the Contract amendment is executed.
Cost Reimbursement Budget. 1. Grantee shall utilize the funding only for costs that are both allowable and approved. If Grantee wants to utilize funds for an expense not documented on the approved annual cost reimbursement budget, Grantee shall notify HHSC, in writing, and receive approval prior to utilizing the funds. HHSC shall provide written notification if the requested expense is approved.
2. If needed, Grantee may revise the HHSC-approved annual cost reimbursement budget. Revision requirements are as follows:
a. HHSC ten percent of total budgeted funds from
b. Grantee may request revisions to the approved annual cost reimbursement budget direct cost categories that exceed the ten percent by submitting a written request to HHSC designated Contract manager. This change will require a formal Contract amendment.
c. category, but a
d. Indirect Cost Rate Letter is attached to this Contract as ATTACHMENT K, Indirect Cost Rate. If HHSC approves or acknowledges an updated indirect cost rate, HHSC will amend the Contract to incorporate the new rate (and the new indirect cost rate letter, if applicable) and revise the budget accordingly.
Cost Reimbursement Budget. 1. Grantee shall utilize the funding only for costs that are both allowable and approved. If Xxxxxxx wants to utilize funds for an expense not documented on the approved cost reimbursement budget, Grantee shall notify HHSC, in writing. HHSC will provide written notification if the requested expense is approved. Grantee must receive approval prior to utilizing the funds.
2. Grantee may revise the HHSC-approved cost reimbursement budget in accordance with the following requirements:
a. categories, a cumulative amount of less than or equal to ten (10) percent of the budget period amount without System Agency approval. Grantee shall notify System Agency of the change.
b. categories, that cumulatively exceed ten (10) percent of the budget period amount, Grantee shall submit to the System Agency Contract Representative a written request, including justification for the revision, for review and approval. If the budget revision is approved, then System Agency Contract Representative will provide written notification to the Grantee; however, the budget revision is not authorized, and funds cannot be utilized, until an amendment incorporating the revisions is executed.
c. T shall only be effectuated by amendment. Grantee shall submit to the System Agency Contract Representative a written request, including justification for the revision, for review and approval. If the budget revision is approved, then System Agency Contract Representative will provide written notification to the Grantee; however, the budget revision is not authorized, and funds cannot be utilized, until an amendment incorporating the revisions is executed.
